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Pennsylvania

A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances were already wiped out through bankruptcy, a federal watchdog alleges in a new lawsuit

The CFPB sued student-loan company PHEAA, accusing it of ignoring borrowers' bankruptcy discharges and sending false information to credit agencies.

By: Business Insider
  • Jun 03 2024
  • 11
  • 3172 Views
A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances were already wiped out through bankruptcy, a federal watchdog alleges in a new lawsuit
A major student-loan company h
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB).Michael A. McCoy/Getty Images

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