CFPB Publishes Report on Student Loan Complaints, Issues Income-Driven Repayment “Fix It” Form
Lexology (registration)
On August 18, the CFPB published a report to provide a midyear update on student loan complaints, focusing on “problems for borrowers who submit an application to enroll in or recertify income and family size under an income-driven-repayment (IDR) plan.

A 'fix-it form' for private student-loan servicer issues -
More than seven million Americans with federal student loans are in default. To file a complaint about a federal loan, help is available at the Department of ...

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The latest complaints against student loan servicers | News by ...
The Consumer Financial Protection Bureau Student Loan Ombudsman released its latest update on student loan complaints, finding that borrowers “encounter ...

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Title insurance, hidden defects among readers' chief complaints
4) Readers complain that the FICO credit scoring system lacks flexibility in that a one point score difference can trigger a hugely more expensive loan or even a complete loan denial. And, FICO scoring discourages mortgage shopping because credit ...

The Consumerist

Consumer Financial Protection Bureau Finds Consumers Complain ...
eNews Park Forest
WASHINGTON, D.C. —(ENEWSPF)–August 18, 2016. Today the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman released a report ...
Student Loan Borrowers Face Needless Hurdles When Trying To Reduce PaymentsThe Consumerist
Student Loan Servicers Face Tighter Federal Standards, ScrutinyGoodCall News (blog)
CFPB: Unnecessary Obstacles for Lower Loan PaymentsInside Higher Ed

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The relationship between consumer complaints and CFPB actions ...
Lexology (registration)
The CFPB began its work tackling the direct issues that Congress and the President tasked it with in The Dodd-Frank Act of 2010. It worked on…

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Awash in complaints, town revisits stormwater loans
Williston Observer
The state program would allow HOAs to take out as much as a 30-year loan for the full cost of construction work on improvements, although the town — which is the actual borrower — would likely restrict the loan term to 20 years, or the life of the ...


The Government Can't Agree With Itself on Policing Student Loan Companies
It created a form (PDF) for borrowers to use when communicating with loan servicers. It is actively soliciting complaints from borrowers. The bureau even created a Twitter hashtag (#ApplicationAbyss) to drum up publicity about its concerns. Frotman's ...
There are a lot of people lowering their student loan payments, but also a lot of people who are behindClinton Herald

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CFPB July 2016 complaint report highlights credit card complaints, complaints from Washington consumers
JD Supra (press release)
Previously, such complaints were directed to the Department of Education. As we noted in blog posts about prior complaint reports issued since March 2016, rather than reflecting an increase in the number of borrowers making student loan complaints, the ...