The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may hinder the repayment process. According to a press release, as of April 1, 2017, CFPB has handled approximately 1,163,200 consumer...
October 06, 2017
Earnest, a FinTech startup with hopes of creating a modern financial institution, is selling to student-loan giant Navient for $155 million in cash. According to TechCrunch, the news is a disappointment for Earnest’s investors, who sunk roughly $320 million in cash and debt into the company. While Earnest started out providing small loans based on a […]
April 26, 2017
The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may hinder the repayment process. According...
