Tougher Loan Forgiveness Standards for Defrauded Students
July 1, 2020. Starting in 2020, getting a loan discharged because your school made misleading or deceptive claims will be harder.
New Effective Date for CFPB’s Payday Lending Rule
The Consumer Financial Protection Bureau extended the compliance date for an ability-to-repay provision of a rule meant to crack down on payday lenders.