Business Insider: A student-loan company just got hit with a $1 million penalty for ‘breaking the law’ by lying to borrowers about loan forgiveness, Biden’s top consumer watchdog says
Business Insider, March 30, 2022, A student-loan company just got hit with a $1 million penalty for ‘breaking the law’ by lying to borrowers about loan forgiveness, Biden’s top consumer watchdog says On Wednesday, the Consumer Financial Protection Bureau (CFPB) sanctioned Edfinancial Services for “making deceptive statements to student loan borrowers and misrepresenting their forgiveness and repayment […]