The CFPB sued student-loan company PHEAA, accusing it of ignoring borrowers' bankruptcy discharges and sending false information to credit agencies.
The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims it misled borrowers on payments and debt relief.
Six GOP-led states filed a lawsuit in Missouri against President Joe Biden's student-debt cancellation. The state houses the loan company MOHELA.
Responding to Rep. Cori Bush, student-loan company MOHELA said it was "not involved with the decision" to sue Biden's debt cancellation.
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The Consumer Financial Protection Bureau filed a lawsuit against a Pennsylvania-based private student loan lender, alleging illegal collections.
They also claim it would hurt the financial operations of Missouri-based loan company MOHELA, where the lawsuit was filed. It's one of at least five major lawsuits filed by conservatives...
The loan refinancing company argued it had been hurt by the payment pause. “The Moratorium has eliminated the primary benefits of student loan refinancing,” the lawsuit says. “In...
a lawsuit. With much at stake for the company’s federal loan servicing business, MOHELA officials from the company have also sought to reassure Democratic congressional aides and Biden...
"It is time for your company to stand with borrowers once and for all," Rep. Cori Bush wrote to the CEO of student-loan company MOHELA on Tuesday.