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Some student-loan companies are offering borrowers cheaper payments before the October restart. Making the switch could strip away a range of debt relief programs.

Student-loan payments are about to resume, and some companies are persuading borrowers to refinance. Here's why you should think twice.
Tanya Burnett Joe Biden Andrea Matthews Public Service Loan Forgiveness Program Consumer Financial Protection Bureau Advisor Education Department
Source: yahoo.com

Consumer Financial Protection Bureau: CFPB sues auto dealer for illegally locking cars, re-possessing vehicles, ET Auto

Consumer Financial Protection Bureau: USASF is affiliated with U.S. Auto Sales, a dealership chain that sold used cars mostly to customers with low incomes or bad credit that operated a "buy here, pay here" business model at its 31 dealerships. U.S. Auto Sales mostly shut down its dealership operations in April, but USASF is still operating as the loan servicer for the company.
United States Rohit Chopra Consumer Financial Protection Bureau On Consumer Financial Protection Bureau Three Milestone Milestone Partners

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A federal watchdog is suing a tech boot camp, accusing it of loading students up with 'predatory' debt and telling them it could collect 'more than the consumer legally owed'

The CFPB and state attorneys general sued the boot camp Prehired, saying it "falsely" claimed that its income-share loans didn't create any debt.
United States Ben Kaufman Bob Ferguson California Department Of Financial Protection Delaware Department Of Justice Consumer Financial Protection Bureau
Source: yahoo.com

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