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Claim Text
For more than ten years, the CFPB has supervised the student loan market for risks to consumers, and has taken multiple enforcement actions for shoddy student loan servicing practices.
Simplified Text
CFPB has supervised student loan market for risks to consumers for more than ten years and has taken multiple enforcement actions
Confidence Score
1.000
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2024-12-16",
    "action": "Enforcement Actions",
    "subject": "Student Loans",
    "duration": "More than ten years",
    "organization": "CFPB"
}
UUID
9fdb0817-dfbb-4377-90b6-96826b220711
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)

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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