Consumer Protection & Privacy

Recent Posts

CFPB Sues Company and Owner for Alleged Student Financial Aid Scam
Posted on 3 Nov 2015 by Doug Esten

by Barbara S. Mishkin A new lawsuit filed by the CFPB in a California federal district court alleges that the defendants, a company and its individual owner, are engaged in a nationwide student financial aid scam. In addition to injunctive relief,... Read More

Washington State AG Sues Student Loan Debt Adjustment Firm
Posted on 15 Apr 2015 by Ballard Spahr LLP

The Washington State Attorney General recently filed an action in state court against a student loan debt adjustment firm and its individual principal alleging that the firm charged illegal fees and failed to provide required disclosures in violation... Read More

FDCPA Class Certified in a Seemingly Individualized Dispute over Repayment Options Calculation
Posted on 28 Oct 2014 by Troutman Sanders

by Maryia Y. Jones and David N. Anthony In Alexander v. Coast Professional, Inc. , No. 12-cv-1461, (E.D. Pa. Sept. 5, 2014), the United States District Court for the Eastern District of Pennsylvania certified a class of Pennsylvania residents with... Read More

CFPB, DOE, Treasury Issue Joint Statement on Student Loan Servicing
Posted on 6 Oct 2015 by Ballard Spahr LLP

by Brian J. Slagle A new Joint Statement issued by the Consumer Financial Protection Bureau, Department of Education, and Department of the Treasury presents a framework to standardize student loan servicing practices across the various federal and... Read More

CFPB, DOE, Treasury Issue Joint Statement on Student Loan Servicing
Posted on 6 Oct 2015 by Doug Esten

by Brian J. Slagle A new Joint Statement issued by the Consumer Financial Protection Bureau, Department of Education, and Department of the Treasury presents a framework to standardize student loan servicing practices across the various federal and... Read More

TransUnion Study Finds Student Loan Debt Is Not Inhibiting Younger Consumers’ Access to Credit
Posted on 15 May 2015 by Troutman Sanders

by Ethan G. Ostroff , Ashley L. Taylor, Jr. and David N. Anthony Despite the rise in student loan balances over the past decade, a new TransUnion study found that student loan obligations have not inhibited younger consumers’ ability to access... Read More

CFPB Sues Company and Owner for Alleged Student Financial Aid Scam
Posted on 3 Nov 2015 by Ballard Spahr LLP

by Barbara S. Mishkin A new lawsuit filed by the CFPB in a California federal district court alleges that the defendants, a company and its individual owner, are engaged in a nationwide student financial aid scam. In addition to injunctive relief,... Read More

CFPB Seeks Information on Income-Driven Student Loan Repayment Plans
Posted on 19 Aug 2015 by Ballard Spahr LLP

by John L. Culhane, Jr. In a new blog post , the CFPB tells borrowers, that in response to its solicitation of borrower “stories” about problems with student loans, it has heard “about problems related to enrolling in income-driven... Read More

CFPB Seeks Information on Income-Driven Student Loan Repayment Plans
Posted on 19 Aug 2015 by Troutman Sanders

by John L. Culhane, Jr. In a new blog post , the CFPB tells borrowers, that in response to its solicitation of borrower “stories” about problems with student loans, it has heard “about problems related to enrolling in income-driven... Read More