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Advocacy Group Sues CFPB Over Lack of Student Loan Supervision

An advocacy group filed suit against the Consumer Financial Protection Bureau yesterday, accusing the agency of not doing enough to protect individuals from companies that service and collect on student loans. The group — Student Debt Crisis — filed the complaint against the CFPB and the Department of Education in …

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CORRECTED: CFPB Expects Final Debt Collection Rule in 2020


CORRECTION: An earlier version of this story incorrectly identified the timeline for the release of a final rule. The agency did not indicate that the final rule would be released in May 2020. I apologize for the error. The Consumer Financial Protection Bureau re-affirmed its guidance of taking “final action” …

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Compliance Digest – November 25

Every week, AccountsRecovery.net brings you the most important news in the industry. But, with compliance-related articles, context is king. That’s why the brightest and most knowledgable compliance experts are sought to offer their perspectives and insights into the most important news of the day. Read on to hear what the …

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