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The Consumer Financial Protection Bureau received only two complaints about the student loan servicer in 2020. ... Aspire Services Center services parent and student loans from an Aspire affiliate ...
Consumers lodged 444,551 complaints about banks, credit bureaus, and debt collectors in 2020, over 50% more than the previous annual record of 277,366 set in 2019, according to a new report.
These rates are far higher than that of Puerto Rico (1.2 complaints per 100,000) North Dakota (1.5 complaints), and other less-populated states like Iowa, Montana, West Virginia and Wyoming (all ...
Consumer Services. The Consumer Services Office is the main point of contact for Californians filing a complaint with the department or requesting additional information about licensees. Offering a live-person call center, the team logs thousands of calls a year and works with licensees to help consumers settle disputes and resolve issues.
Consumer Financial Protection Bureau v. Community Financial Services Ass'n of America, Ltd., 601 U.S. 416 (2024), was a United States Supreme Court case where the Court ruled that the funding mechanism of the Consumer Financial Protection Bureau (CFPB), which is allocated from the Federal Treasury budget rather that through Congressional appropriations, is constitutional under the ...
In 2005, Select Portfolio Servicing was purchased by Credit Suisse, a financial services company, headquartered in Zürich, Switzerland. According to a Securities and Exchange Commission report (CFN: 1-6862) filed August 12, 2005, Credit Suisse First Boston (USA), Inc. now known as Credit Suisse, purchased Select Portfolio Servicing and its ...
A nationwide survey of consumer complaints underscores the destructive effects of the Great Recession, with an increase in complaints related to credit and debt services -- and especially ...
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