Financial experts and borrower advocates warn changes may increase repayment costs, sacrifice flexibility and put vulnerable borrowers at greater risk.

U.S. federal student loan borrowers had a lot of leeway under President Joe Biden. That’s changing under President Donald ...

The Consumer Financial Protection Bureau is undergoing changes with big implications for a variety of consumer finance issues ...

As the Trump administration resumes collections on defaulted student loans, hundreds of thousands of older Americans with ...

Arising from the ashes of the 2007–2009 financial crisis, the Consumer Financial Protection Bureau (CFPB) was designed to ...

The Treasury Offset Program (TOP) allows the government to garnish up to 15% of Social Security benefits to recover defaulted ...

Millions of borrowers who are late on their student loan payments now face “grave consequences” as collection activity ...

More than five million student loan borrowers who are behind on payments could face serious benefit consequences by the end of the summer. The U.S. Department of Education announced on Monday ...

While it’s unclear what the full impact will be, student loan holders could face damage to their credit scores. Mayotte said borrowers can learn if their loan is in default at studentaid.gov and ...

which can negatively impact credit scores. Some loans can also be listed as in deferment, meaning that borrowers don’t have to make payments, per Federal Student Aid. “With deferment ...

WASHINGTON — A federal judge has ordered a now-defunct debt relief provider to pay roughly $43 million in restitution over a case brought by the Consumer Financial Protection Bureau, alleging that the ...

About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the ...