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 ...

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SAN FRANCISCO (CN) - So-called payment processor Meracord "loots" customers' accounts by taking exorbitant, fraudulent fees through a network of "front end" debt relief companies, customers claim in a ...

On August 25, 2020, U.S. District Judge Maryellen Noreika certified two classes of investors bringing claims against a student loan servicing company (the “Company”), certain of its executives, and ...

The Trump administration reached an agreement with the American Federation of Teachers to continue processing student-loan forgiveness for borrowers.