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On June 7, the CFPB released a blog discussing the fact that the pause on federal studentloan interest, payments, and collections is now scheduled to end 60 days after June 30, which means borrowers will have to start making payments soon. For more information, click here. For more information, click here.
The proposal would modify the PSR policy to expand access to collateralized capacity, and clarify the terms for accessing and retaining uncollateralized capacity. The report said that low acquisition costs often come coupled with higher interest rates and limited opportunities to refinance. For more information, click here.
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