How the CFPB is trying to keep the student loan debt bubble from bursting

On Thursday, the CFPB called for the public’s input on how private student loans could be more affordable and repayment options could be improved. As reported by the Huffington Post, outstanding student loan debt has ballooned to more than $1.1 trillion as of 2012. Private student loans make up about 15% of that debt. The federal…

Consumers hold the power with CFPB’s Complaint Database

I, like most of us, have been dissatisfied with service provided by my credit card company or my bank and the first thing I want to do is express my frustration. Most times, I complain to the institution directly. While it is tempting to sometimes take my complaint to a regulatory agency, I have always…

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How the CFPB is trying to keep the student loan debt bubble from bursting

Consumers hold the power with CFPB’s Complaint Database