student loans

CFPB Hits Citibank With Fine Over Student Loan Servicing
CFPB Hits Citibank With Fine Over Student Loan Servicing
November 22, 2017  |  Banking

The Consumer Financial Protection Bureau (CFPB) announced Tuesday (Nov. 21) it has taken enforcement action against Citibank for what the government watchdog said were failures...

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Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
November 20, 2017  |  Loans

Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. Get the Full...

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Navient Scoops Up Online Lender Earnest
Navient Scoops Up Online Lender Earnest
October 06, 2017  |  Partnerships / Acquisitions

Earnest, a FinTech startup with hopes of creating a modern financial institution, is selling to student-loan giant Navient for $155 million in cash. Get the Full...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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Consumer Credit: Privilege Or Entitlement?
Consumer Credit: Privilege Or Entitlement?
August 25, 2017  |  Debt

There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According...

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Today in Data: U.K. Lender Prodigy’s U.S. Expansion Funding
Today in Data: U.K. Lender Prodigy’s U.S. Expansion Funding
August 22, 2017  |  Today In Data

It can be argued that one of the highest costs to expanding professional careers is that of funding student loans. Post-primary schooling can be one...

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Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
July 14, 2017  |  Earnings

Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Today In Data: CFPB’s Loan Forgiveness Program Complaints
Today In Data: CFPB’s Loan Forgiveness Program Complaints
June 22, 2017  |  Today In Data

The Consumer Financial Protection Bureau (CFPB) may be in over its head when it comes to key constituents’ feelings regarding its Public Service Loan Forgiveness...

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