student loans

Public Service Loan Forgiveness Program Accepts Few Applicants
Public Service Loan Forgiveness Program Accepts Few Applicants
September 21, 2018  |  Loans

To help manage their student loan debts, 28,000 borrowers have sent in 33,300 applications for the Public Service Loan Forgiveness (PSLF) program. However, approximately 99...

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New York AG Sues Student Loan Servicing Companies
New York AG Sues Student Loan Servicing Companies
September 21, 2018  |  Security & Fraud

New York’s attorney general Barbara Underwood on Thursday (September 20) sued ten companies and two executives for tricking student loan borrowers into purchasing student loan...

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A Decade On, Lending Transformed By Crisis And Innovation
A Decade On, Lending Transformed By Crisis And Innovation
September 18, 2018  |  Consumer Finance

Necessity is the mother of invention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Scratch Mobile App Makes Paying Off Loans Easy
Scratch Mobile App Makes Paying Off Loans Easy
September 18, 2018  |  Mobile Applications

Startup Scratch is working to make paying off student and personal loans simpler for borrowers through an easy-to-use mobile app. Get the Full Story Complete...

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Mobilizing Student Loan Disbursements
Mobilizing Student Loan Disbursements
September 10, 2018  |  Disbursements

As if accidents and disasters aren’t bad enough, handling the ensuing insurances claims can in itself become lengthy debacles. Underscoring that process, or seeming lack...

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CFPB Ombudsman Quits, Says Bureau ‘Abandoned’ Consumers
CFPB Ombudsman Quits, Says Bureau ‘Abandoned’ Consumers
August 28, 2018  |  CFPB

Seth Frotman, an assistant director and student loan ombudsman for the Consumer Financial Protection Bureau (CFPB), had some harsh words for acting CFPB Director Mick Mulvaney...

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Consumer Borrowing Hits $13.29 Trillion In Second Quarter
Consumer Borrowing Hits $13.29 Trillion In Second Quarter
August 14, 2018  |  Loans

American’s increased the amount of money they borrowed in the second quarter, with consumer borrowing reaching $13.29 trillion during the quarter ending in June. Reuters, citing...

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Wells Considers Lending To Students With Government Debt
Wells Considers Lending To Students With Government Debt
August 14, 2018  |  Loans

Wells Fargo might give its shrinking student lending business a boost by focusing on borrowers with U.S. government loans. The lender would offer loans to...

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SoFi Posts $200M Loss
SoFi Posts $200M Loss
August 07, 2018  |  Earnings

Despite posting a second-quarter adjusted loss of about $200 million, Social Finance Inc. (SoFi) says it should be profitable again by the end of the...

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