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Consumer Financial Protection Bureau Settles with Student CU Connect CUSO over ITT Private Loan Program

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) recently announced a settlement with Student CU Connect CUSO, LLC (CUSO), a company set up to hold and manage private loans for students at ITT Technical Institute.  The Bureau filed a complaint and a proposed stipulated judgment in federal district court for the Southern District of …

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COVID-19 scam reports, by the numbers

If you’re a regular reader of this blog — or of the news, you know that scammers are out in force, taking advantage of all aspects of the Coronavirus pandemic. We’ve spotted plenty of bogus cures and treatments, but many of you have told the FTC about straight-up scams, like texts/emails/calls from a “government agency” …

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Coronavirus and your mortgage

Because of the Coronavirus, many people are facing financial challenges, especially paying their mortgage. If you’re unable to make your mortgage payments, you could lose your home to foreclosure. Federal lenders and some private lenders are offering borrowers temporary help, like stopping or delaying foreclosure or modifying the mortgage. But these measures don’t apply to …

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