Lender Student Loans Trade 
True Accord
MARCH 21, 2023
But what will that mean for lenders and creditors? since 2020, while open trade lines decreased by 7.7% since 2020, while open trade lines decreased by 7.7% As consumers battle high inflation and interest rates to afford necessities, budgets will be stretched and many will have to prioritize when and where they spend.
Sawin & Shea
JULY 13, 2022
The majority of people in Indiana who have thought about declaring bankruptcy likely already know how challenging it is to get student loans erased. Although it is not impossible, debtors normally need to pass the Brunner test, which establishes that repaying the student loans will put them in an unreasonably difficult position.
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Troutman Sanders
APRIL 14, 2022
On April 12, the Consumer Financial Protection Bureau (CFPB) released a blog post titled “ Busting myths about bankruptcy and private student loans.” In the blog post, the CFPB argues that certain private education loans can be discharged in bankruptcy. The CFPB’s playbook appears to be the same here.
Collection Industry News
APRIL 18, 2022
On April 12, the Consumer Financial Protection Bureau (CFPB) released a blog post titled “ Busting myths about bankruptcy and private student loans.” In the blog post, the CFPB argues that certain private education loans can be discharged in bankruptcy. The CFPB’s playbook appears to be the same here.
Collection Industry News
JUNE 29, 2024
It involves qualifying and applying for a revolving credit line through a lender, usually a bank or other financial institution. Lenders grant a card with a specific credit limit based on a consumer’s credit rating, credit history, financial situation, as well as their relationship with the customer.
Troutman Sanders
JANUARY 20, 2021
On January 18, President-elect Joe Biden announced that he will nominate current Federal Trade Commission (FTC) Commissioner Rohit Chopra to be the next director of the agency. In that role, he became known for his hard-charging style and frequent criticisms of private student lenders. A CFPB veteran, Chopra holds a B.A.
Credit Corp
SEPTEMBER 13, 2023
One reason that lenders look at credit mix is to make sure that you can be responsible with multiple types of credit. Showing that you can handle different types of credit—and multiple credit accounts at once—indicates financial reliability to potential lenders. You are not required to pay the loan in full each month.
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