Student loan servicers with military borrowers should act quickly to identify and notify military borrowers about the PSLF Limited Waiver before October 31, 2022
Archive for Policy and compliance – Page 4
Markets work best when rules are simple, easy to understand, and easy to enforce
Banks and credit unions heavily rely on fees from overdrafts and non-sufficient funds transactions
Consumers’ Buy-Now-Pay-Later repayment data is starting to be furnished to the nationwide credit reporting companies
When you dispute credit information with your bank or other furnisher, you should get a clear and understandable response stating a result
The Education Department is making important fixes to income-driven repayment this year
The CFPB examines financial companies for compliance with Federal law, to protect consumers and maintain well-functioning markets
The CFPB is beginning a new system of Consumer Financial Protection Circulars to provide guidance to enforcers of federal consumer financial law and to increase transparency for the public and regulated entities
Financial institutions have responsibilities to serve their communities, including communities that predominantly speak languages other than English
The CFPB recently filed two amicus briefs to ensure that credit reporting companies and furnishers follow their legal responsibilities with respect to accuracy in consumer reports
