Quantcast
CCR - Other Consumer

CFPB Raises Red Flags on "Auto-Defaults" for Student Loans

The Consumer Financial Protection Bureau is raising concerns about a caveat in private student loan contracts that allows lenders to automatically put a borrower in default when a co-signer faces certain kinds of hardship.

To continue reading, please log in or complete the free registration.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Email Newsletters

Get the Payments Update and the Morning Scan when you sign up for a free trial.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.