09 février 2014

Consumer Bureau Says Loan Servicing Issues Vary

http://www.insidehighered.com/sites/all/themes/ihecustom/logo.jpgContinuing its focus on problems with the servicing of private student loans, the U.S. Consumer Financial Protection Bureau on Monday released an analysis of its voluntary request for information from the private student loan industry. The bureau was especially interested in information about how loan servicers process the payments of borrowers seeking to pay down their debt ahead of schedule. The CFPB has said it’s concerned that some loan servicers apply prepayments in a way that maximizes their profits but makes the cost of the loan more expensive for borrowers. Read more...

Posté par : pcassuto à - - Permalien [#]