Consumer Financial Protection Bureau to Examine Colleges' In-House Lending Practices
January 21, 2022
January 21, 2022
WASHINGTON, Jan. 21 -- The Consumer Financial Protection Bureau issued the following news release on Jan. 20, 2022:
The Consumer Financial Protection Bureau (CFPB) announced it will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students. The CFPB is issuing an update to its exam procedures including a new section on institutional student loans. As the CFPB begins its supervision, the exam procedures infor . . .
The Consumer Financial Protection Bureau (CFPB) announced it will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students. The CFPB is issuing an update to its exam procedures including a new section on institutional student loans. As the CFPB begins its supervision, the exam procedures infor . . .