CFPB Inks $22M In Settlements With Student Loan Cos.

By Jack Newsham (September 18, 2017, 7:41 PM EDT) -- Several private student loan holding trusts and their debt collector will pay nearly $22 million in fines and borrower reimbursements to head off lawsuits by the Consumer Financial Protection Bureau after the agency accused them of suing thousands of people to collect debts that they couldn't prove were owed....

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