LAS VEGAS – CFPB executive Holly Petraeus tells Defense CU Summit attendees military personnel face financial challenges as deployments dry up.
Sallie Mae, the largest servicer of federal and private student loans, was ordered to pay $96.6 million in restitution and penalties for violating the legal rights of U.S. service members, according to the Justice Department.
Justice Department says the student loan servicer overcharged military borrowers.
Petraeus to discuss how credit unions can help service members.
Sept. 10 online discussion is on guidance and compliance issues related to the Servicemembers Civil Relief Act.
CEO tells Senate Banking Committee that service members should be as well prepared to deal with their finances as they are to go to battle.
Consumer Financial Protection Bureau's Holly Petraeus says new agency seeks "open dialogue."
The new Consumer Financial Protection Bureau on Tuesday provided more details of how it plans to examine credit unions and banks.
SAN FRANCISCO — The U.S. Army's top financial official thanked credit unions for their service to the military but warned that cuts in the defense budget could reduce their customer base.
The new Consumer Financial Protection Bureau will pay special attention to the financial needs of military personnel to help ensure that lenders don't exploit them.