March 2023 Articles – CFPB Journal

CFPB: Student loan companies illegally collecting settled debts

Student loan companies are illegally collecting debts already discharged through bankruptcy, according to a March 17 Consumer Financial Protection Bureau bulletin.

CFPB: Payment companies charging illegal fees across sectors

Financial institutions, mortgage servicers and some loan providers are illegally charging expenses to customers, according to a March 8 Consumer Financial Protection Bureau supervisory highlights report.

Report: BNPL borrowers more likely to be financially distressed

‘Buy now, pay later’ borrowers are more likely to be financially distressed than non-users, according to a Consumer Financial Protection Bureau report.