High Cost Loans news and trends

Regulations Lead to Rise in Risky Loans

May 25, 2015
CFPB, USDE Provide Debt Relief Against Predatory Lending Scheme
News // February 04, 2015

The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Education (USDE) announced Tuesday (Feb. 3) that it will be providing $480 million in forgiveness for borrowers who took out Corinthian College’s high-cost private student loans. Get the Full Story Complete the form to unlock...

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Regulations Lead to Rise in Risky Loans

May 25, 2015
With financial oversight focused on legitimate banks, some less-than-kosher loan providers are reaping the benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

CFPB, USDE Provide Debt Relief Against Predatory Lending Scheme

February 04, 2015
The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Education (USDE) announced Tuesday (Feb. 3) that it will be providing $480 million in forgiveness for borrowers who took out...