Payments are on the way for thousands of student-loan borrowers who paid a company accused of illegal behavior.
On Thursday, the Consumer Financial Protection Bureau announced that 8,571 student-loan borrowers who were charged by Performance SLC — a California-based debt-relief business — would receive a collective $10.9 million in payments.
In 2020, the CFPB first filed a complaint against Performance over accusations that the company charged borrowers about $9.2 million in "illegal upfront fees," according to the press release. The complaint also claimed that the company violated the Consumer Financial Protection Act of 2010 by using misleading tactics to get borrowers to sign up for debt-relief services the Education Department offered for free.
The implosion of a chemical tank at a Washington packaging plant early on Tuesday morning killed...
The self-proclaimed largest truck stop in the world offers drivers just about everything they might need...
Members of a storied food co-operative in Brooklyn have voted to boycott about a dozen products...
Government officials in Orange county, California, have warned that an overheated chemical tank “will fail” and...
