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Monthly Archives: August 2016

CFPB Takes Action Against Wells Fargo for Illegal Student Loan Servicing Practices

FOR IMMEDIATE RELEASE:August 22, 2016 CONTACT:Office of CommunicationsTel: (202) 435-7170 CONSUMER FINANCIAL PROTECTION BUREAU TAKES ACTION AGAINST WELLS FARGO FOR ILLEGAL STUDENT LOAN SERVICING PRACTICES Wells Fargo to Pay $3.6 Million Penalty to the Bureau Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Wells Fargo Bank for illegal private student loan servicing […]

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CFPB Finds Consumers Complain of Needless Hurdles in Applying for Lower Student Loan Payments

FOR IMMEDIATE RELEASE:August 18, 2016 CONTACT:Office of CommunicationsTel: (202) 435-7170 CONSUMER FINANCIAL PROTECTION BUREAU FINDS CONSUMERS COMPLAIN OF NEEDLESS HURDLES IN APPLYING FOR LOWER STUDENT LOAN PAYMENTS CFPB Calls on Student Loan Servicers to Strengthen Practices, Publishes “Fix It Form” for Servicers to Adopt WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) Student Loan […]

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