CFPB Warns Borrowers About Companies Charging High Fees for Free Federal Loan Repayment Programs
WASHINGTON, D.C. —(ENEWSPF)—December 11, 2014. Today, the Consumer Financial Protection Bureau (CFPB) took action to put an end to two student “debt relief” scams that illegally tricked borrowers into paying upfront fees for federal loan benefits. The CFPB, in a joint filing with Florida’s Attorney General, shut down student debt relief company College Education Services and separately filed a lawsuit against…
