Monthly Snapshot news and trends

CFPB Snapshot Highlights Biggest Student Loan Complaints

April 26, 2017
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CFPB Snapshot Highlights Biggest Student Loan Complaints

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 to a press release, as of April 1, 2017, CFPB has handled approximately 1,163,200 consumer complaints across all products. In a year-to-year comparison examining the […]