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Following Reports of "Bilt Card 2.0" Meltdown, Advocates Call on the Trump CFPB to Protect Borrowers, Warn Congress of Risks to Renters
March 12, 2026
WASHINGTON, March 12 -- Protect Borrowers (formerly Student Borrower Protection Center) issued the following news release:

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Following Reports of "Bilt Card 2.0" Meltdown, Advocates Call on the Trump CFPB to Protect Borrowers, Warn Congress of Risks to Renters

Bilt's Embrace of Agentic AI to Provide Customer Service Highlights Emerging Risks, Challenges for Enforcement Officials as Borrowers Allege Doom-Loops, Detours, and Dead-Ends
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