CFPB Issues Advisory for Those Repaying Private Student Loans
On October 16, 2013 the Consumer Financial Protection Bureau (CFPB) issued a consumer advisory to those repaying private student loans.
New Application Procedure for Student Loan Disability Discharge, Effective July 1, 2013
If you are submitting an application to discharge (get rid of) your student loans because you are disabled, the procedure just got easier.
Change to California Wage Garnishment Limits
On July 1, 2013 the California wage garnishment law changed.
New Rules for Student Loan Repayment Programs (IBR, ICR, and PAYE), Effective July 1, 2013
Effective July 1, 2013, student loan servicers must comply with new rules when they perform their loan payment recalculation for the IBR, ICR, and PAYE programs.
Eighth Circuit Rules That the CCPA Protects Private Insurance Disability Payments
In a recent case, the Eight Circuit Court of Appeals ruled that private disability payments are included in the definition of “earnings” under the federal Consumer Credit Protection Act (CCPA).