Need the best interest rate? Want fixed payments or flexibility? Find out the differences between personal loans and lines of credits. With a personal loan, you borrow a single (fixed) amount of ...

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If you're having trouble with your student loan servicer, you can file a complaint with the Consumer Financial Protection Bureau (CFPB) or contact the Federal Student Aid Ombudsman Group.

On November 15, the CFPB published its 2024 Annual Report of the CFPB Student Loan Ombudsman, highlighting the challenges and changes in the student loan system during 2023-2024. Among other ...

Over the same period, the Consumer Financial Protection Bureau (CFPB) received a record 13,524 complaints about student loans, the bureau's own ombudsman said in a separate report. The reports ...

Borrowers also may want to familiarize themselves with state-level assistance options, such as their state attorney general’s office or student loan ombudsman (which some states have set up ...

Lenders often encourage federal student loan borrowers to enroll in automatic payments. It can seem like a good idea to do so: Borrowers don’t need to worry about missing a payment and often ...

"Unfortunately, autopay errors were one of the most widespread, basic and consequential servicer errors we saw this year," CFPB Student Loan Ombudsman Julia Barnard told CNBC. "These errors are ...

Lenders often encourage federal student loan borrowers to enroll in automatic payments, offering them a slightly lower interest rate if they do so. But a new report from the Consumer Financial ...