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Claim Text
For more serious violations or when companies fail to take corrective actions, the CFPB opens investigations for potential enforcement actions.
Simplified Text
CFPB opens investigations for potential enforcement actions for serious violations or failure to take corrective actions
Confidence Score
1.000
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2024-12-16",
    "issue": "Enforcement Actions",
    "subject": "Student Loans",
    "organization": "CFPB"
}
UUID
9fdb0816-f7b9-4ac7-a788-961ef8747286
Vector Index
✗ No vector
Created
September 11, 2025 at 10:47 PM (2 days ago)
Last Updated
September 11, 2025 at 10:47 PM (2 days ago)

Original Sources for this Claim (1)

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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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