On Friday, the Consumer Financial Protection Bureau filed a new lawsuit against the Pennsylvania Higher Education Assistance Agency for unlawfully collecting payments that borrowers no longer owe, as they were discharged through bankruptcy.This is the second lawsuit filed by the CFPB against PHEAA in May, an earlier one accused the servicer from failing to respond to borrowers seeking relief from payments.
which operates nationally as American Education Services —one of the largest private loan servicers in the country, is currently embroiled in multiple lawsuits concerning its student loan management practices.
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