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Claim Text
Servicers also issued deceptive billing statements with incorrect payment amounts and due dates, and debited unauthorized amounts.
Simplified Text
Servicers issued deceptive billing statements with incorrect payment amounts and due dates and debited unauthorized amounts
Confidence Score
1.000
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2024-12-16",
    "issue": "Unauthorized Debits",
    "subject": "Student Loans"
}
UUID
9fdb0813-f41b-407d-912d-dbad38750845
Vector Index
✗ No vector
Created
September 11, 2025 at 10:47 PM (3 days ago)
Last Updated
September 11, 2025 at 10:47 PM (3 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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