Prototype Disclosures Outline Path to Affordable Payments for Borrowers Trying to Avoid Debt Distress
WASHINGTON, D.C. —(ENEWSPF)–April 27, 2016. Today the Consumer Financial Protection Bureau (CFPB) unveiled the student loan Payback Playbook, a set of prototype disclosures that outline a path to affordable payments for borrowers trying to avoid student debt distress. The Payback Playbook provides borrowers with personalized information about their repayment options from loan servicers so they can secure a monthly payment…
