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Claim Text
“Companies break the law when they mislead student borrowers about their protections or deny borrowers their rightful benefits,” said CFPB Director Rohit Chopra.
Simplified Text
Companies break the law when misleading student borrowers or denying benefits according to CFPB Director Rohit Chopra
Confidence Score
1.000
Claim Maker
Rohit Chopra
Context Type
News Article
Context Details
{
    "date": "2024-12-16",
    "issue": "Misleading Practices",
    "person": "Rohit Chopra",
    "subject": "Student Loans",
    "organization": "CFPB"
}
Subject Tags
UUID
9fdb0806-7ce3-4006-9df2-878add490661
Vector Index
✗ No vector
Created
September 11, 2025 at 10:46 PM (2 days ago)
Last Updated
September 11, 2025 at 10:46 PM (2 days ago)

Original Sources for this Claim (1)

All source submissions that originally contained this claim.

Screenshot of https://www.consumerfinance.gov/about-us/newsroom/cfpb-uncovers-illegal-practices-across-student-loan-refinancing-servicing-and-debt-collection/
https://www.consumerfinance.gov/about-us/newsroom/cfpb-uncovers-illegal-practices-across-student-loan-refinancing-servicing-and-debt-collection/

The CFPB found widespread illegal activities in student loan refinancing, servicing, and debt collection, including misleading borrowers and denying benefits. The agency is taking action to address these violations.

Student Loans
Debt Collection
Consumer Protection
Financial Regulation
CFPB
Illegal Practices

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