New CFPB Report Exposes Student Loan Complaints From Service Members
Members of the military who are working to repay private student loans are facing difficulties in the process. That’s the consensus of a new report released by the Consumer Financial Protection Bureau.
The report, which is titled “The Next Front? Student Loan Servicing and the Cost to Our Men and Women in Uniform” and based mostly on consumer complaints filed with the CFPB, explains the hurdles servicemen and women face in obtaining the private student benefits promised to them under laws and programs implemented by Congress, CFPB said.