President Obama signed financial reform legislation this summer that creates a new consumer financial protection bureau (CFPB). The CFPB will have rule writing authority over private student lenders, including bank and non-bank lenders. The CFPB will also have enforcement authority
Please understand that we do not provide legal advice about individual cases. This web site includes links to other resources for those who seek individualized legal advice or other help not offered here. This site is for people who already have student loans and want to know more about their options and rights.