[COVID-19 Stimulus Funds\Debt Collectors]
“During this public health and economic crisis, the States do not believe that the billions of dollars appropriated by Congress to help keep hard-working Americans afloat should be subject to garnishment.”
Photo: YouTube
CFPB
NY ATTORNEY GENERAL: FAMILIES MUST GET EMERGENCY COVID-19 STIMULUS FUNDS—NOT DEBT COLLECTORS
NY FED REPORT ON STUDENT DEBT REQUESTED BY SENATOR BOOKER DETAILS SIGNIFICANT RACIAL DISPARITIES
[Education News\Student Debt]
Seth Frotman, Executive Director of the Student Borrower Protection Center: “This is a devastating indictment of the toll student debt is having on communities of color across the nation. I commend Senator Booker for his tireless work to protect borrowers and for his recognition that the student debt crisis is a critical civil rights issue. It is outrageous that the CFPB, which is charged with protecting borrowers from discrimination, has rolled back its critical oversight work of the student loan industry.”
Photo: Wikimedia Commons
ATTORNEY GENERAL JAMES: CONSUMER FINANCIAL PROTECTION BUREAU DEBT COLLECTION RULE MUST BE CHANGED
[Consumer Protection News]
NY AG James: “The CFPB’s proposed rule puts the interests of debt collectors ahead of consumers. Too many New Yorkers suffer from harassment and abuse at the hands of debt collectors. Rather than reign them in, the CFPB is proposing to give them new avenues to do harm by allowing debt collectors to contact consumers using social media and email.”
Photo: Wikimedia Commons
ATTORNEY GENERAL JAMES LEADS BIPARTISAN COALITION FIGHTING STUDENT LENDER LOAN SHARKS
[Student Loan Crisis]
NY AG James: “When student borrowers struggle to make payments on their crushing debts, student loan servicers have an obligation to honestly inform them of the tools they can use to improve their finances, but Navient and many other servicers, instead, preyed upon and exploited these borrowers just to increase their profits.”
Photo: Facebook
SENATOR WARREN DENOUNCES STUDENT LOAN OMBUDSMAN APPOINTEE WHO WORKED FOR SHADY LOAN SERVICER
[Education\Student Loans]
Senator Warren, on Cameron appointment as CFPB’s Student Loan Ombudsman: “The appointment of Mr. Cameron, a former executive responsible for compliance at a student loan servicer that has been accused of cheating thousands of students and taxpayers, is an outrageous slap in the face to student loan borrowers across the country.”
Photo: Wikimedia Commons
NEW YORK ATTORNEY GENERAL JAMES SHUTS DOWN FRADULENT COLLECTION AGENCIES ANNOUNCES $66 MILLION SETTLEMENT
[Fraud News]
NY Attorney General Letitia James: “There is zero tolerance for individuals who use illegal and unconscionable tactics to cheat consumers out of their hard-earned money.”
Photo: Facebook
AG James Urges Dismissal Of Proposed Housing Rule That Would Leave Consumers Vulnerable To Discrimination
[National Housing News]
New York Attorney General says CFPB should nix new proposed rule that could lead to discrimination and unfair lending in housing…
Photo: Facebook
