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Refinancing Can Cost Borrowers Student Loan Forgiveness, Warns Federal Watchdog

Kuzey

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Sep 6, 2025
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A federal financial watchdog agency warned borrowers this month that some private student loan companies may be misleading borrowers to convince them to refinance their federal student loans. “Companies break the law when they mislead student borrowers about their protections or deny borrowers their rightful benefits,” said Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra in a…

The post Refinancing Can Cost Borrowers Student Loan Forgiveness, Warns Federal Watchdog appeared first on Student Loan Planner.
 
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