Alarm raised by plan to ease credit norms on U.S. parent loans

May 28, 2014 Comments Off on Alarm raised by plan to ease credit norms on U.S. parent loans

Parents whose financial standing disqualify them from most loans may have an easier time borrowing to pay their children’s college costs under a U.S. government proposal to ease credit standards.

Student-loan steps urged to prevent defaults when co-signers die

April 23, 2014 Comments Off on Student-loan steps urged to prevent defaults when co-signers die

Some private student loan borrowers whose co-signers die are facing automatic default, even if their loans are in good standing, the U.S. Consumer Financial Protection Bureau said in a report.

Tagged with: Consumer Financial Protection Bureau student loans