Bureau to Pursue Alternative Repayment Options for Private Student Loan Borrowers
WASHINGTON, D.C.–(ENEWSPF)–February 21, 2013. Today, the Consumer Financial Protection Bureau (CFPB) announced that it is gathering information to develop options for policymakers to make repayment of private student loans more manageable for struggling borrowers. The CFPB has found that private student loan borrowers who wish to pay their loans, but face high payments, lack alternative repayment and refinance options.
“Too many private student loan…
