On May 22, 2025, the FTC filed a proposed stipulated order in the District Court for the Middle District of Florida to resolve allegations that several individuals and the student loan debt relief companies that they...more
6/9/2025
/ Consent Order ,
Consumer Lenders ,
Consumer Protection Laws ,
Debt Relief ,
Enforcement Actions ,
False Advertising ,
Federal Trade Commission (FTC) ,
Fees ,
FTC Act ,
Gramm-Leach-Blilely Act ,
Scams ,
Student Loans ,
Telemarketing ,
Telemarketing Sales Rule
Welcome to the “Student Lending” chapter of our annual report, Consumer Financial Services: 2024 Year in Review.
Regulators will likely continue to focus on junk fees and purported deceptive or nontransparent practices...more
3/17/2025
/ Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Fraud ,
Consumer Protection Laws ,
Debt Collection ,
Debt Relief ,
Enforcement Actions ,
Federal Student Loans ,
Federal Trade Commission (FTC) ,
Loan Forgiveness ,
Loan Servicing ,
Student Loans ,
Unfair or Deceptive Trade Practices
On January 14, 2025, New York Attorney General Letitia James announced that the state had entered into a settlement with a national credit reporting provider to resolve allegations that the provider had harmed consumers by...more
1/16/2025
/ Compliance ,
Consumer Protection Laws ,
Consumer Reporting Agencies ,
Credit Reports ,
Creditors ,
Data Privacy ,
Data Reporting ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
Settlement ,
State Attorneys General ,
Unfair or Deceptive Trade Practices