VENTURA, Calif. (CN) - A class action claims that a financial services company and its bank partner prey on college students by coercing them into handing over financial aid money and charging them ...

The Education Department will withhold a $7.2 million monthly payment for a major student loan processor because it failed to send out timely billing notices to millions of borrowers.

A loan processor prepares a mortgage loan application for consideration by the loan underwriter. The loan processor requests credit reports and gathers documents from the applicant as part of ...

Key Points ・The Department of Education has paused processing some types of student loan forgiveness. ・PSLF is still processing, while IBR-related forgiveness is currently paused due to ...