09/22/17 – Last month, the Consumer Financial Protection Bureau (CFPB) published a follow-on report highlighting increasing student loan debt among older consumers, as well as how the increased debt impacts their financial security.
09/20/17 – The Consumer Financial Protection Bureau (CFPB) sued private student loan trusts and took an enforcement action against a debt collector for student loan debt collection lawsuits that the CFPB claims are illegal.
06/16/17 – Law360 reports that the U.S. Supreme Court on Monday ruled that a federal debt collection law does not extend to banks and other consumer finance firms that buy and service defaulted debt.
05/05/17 – The Consumer Financial Protection Bureau (CFPB) has taken action against four online lenders for deceiving consumers by collecting debt consumers did not legally owe.
04/20/17 – The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in a federal district court against a debt collection law firm for falsely representing in millions of collection letters sent to consumers that attorneys were involved in collecting the debt.