True Accord

AUGUST 11, 2022

In order to address this gap, lenders are in a unique position to help provide customers with educational content that not only improves customers’ financial literacy but helps with their own retention and acquisition strategies by building and maintaining customer trust and loyalty. Debt levels are on the rise again: according to the?

Acquisition 75

Acquisition Debt Recovery Education Student loans 75

Collection Industry News

JULY 6, 2021

These non-public actions have occurred in areas such as auto loan servicing, consumer reporting, debt collection, deposits, fair lending, mortgage origination and servicing, private student loan origination, payday lending, and student loan servicing. important; font-size: 16px; }.uc1431124d58f0275524edb4a186458e3:hover.postTitle

Student loans 40

Student loans Student Loans Foreclosure Loans 40

Troutman Sanders

NOVEMBER 13, 2023

On November 9, the Department of Education (DOE) announced its plan to implement an oversight strategy of federal student loan servicers that provides several pathways for identifying problems that can harm borrowers, in real-time. For more information, click here. For more information, click here.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52

Troutman Sanders

FEBRUARY 22, 2021

The letter states that “[b]road cancellation of Federal student loan debt will provide immediate relief to millions who are struggling during this pandemic and recession, and give a much-needed boost to families and our economy. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S.

Financial services 52

Financial services Student Loans Student loans Foreclosure 52

Troutman Sanders

JUNE 14, 2023

On June 7, the FTC announced that it is seeking public comments and suggestions on ways it can work more effectively with state attorneys general nationwide to help educate consumers about, and protect them from, potential fraud. For more information, click here. For more information, click here. For more information, click here.

Financial services 52

Financial services Financial Institution Student loans Student Loans 52

Troutman Sanders

MAY 9, 2022

On May 3, the CFPB issued an advisory after student loan borrowers submitted complaints regarding companies that promised them student loan forgiveness or loan forbearance in exchange for fees amounting to hundreds or thousands of dollars. To read the updated guidance, click here.

Financial services 52

Financial services Student loans Student Loans Government 52

Troutman Sanders

JULY 12, 2021

Department of Education announced the approval of over 1,800 “borrower defense to repayment” (borrower defense) claims for borrowers who attended three institutions: Westwood College, Marinello Schools of Beauty, and the Court Reporting Institute. State Activities. Privacy and Cybersecurity Activities. Federal Activities: On July 9, the U.S.

Financial services 52

Financial services Student loans Student Loans Foreclosure 52