CFPB Abandons $2.25M Student Loan Trust Deal, Drops Case

By Sarah Jarvis · April 25, 2025, 10:26 PM EDT

The Consumer Financial Protection Bureau on Friday voluntarily dismissed its long-running debt collection practices suit against the National Collegiate Student Loan Trusts, abandoning a $2.25 million proposed settlement that had been...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Stipulation

Case Information

Case Title

Consumer Financial Protection Bureau v. National Collegiate Master Student Loan Trust et al

Case Number

Court

Delaware

Nature of Suit

Other Statutory Actions

Date Filed

September 18, 2017

Recent Articles By Sarah

December 17, 2024
SEC Says Express Didn't Disclose $1M In Ex-CEO Perks
December 02, 2024
Metropolitan Commercial Bank Aided Voyager Fraud, Suit Says
November 13, 2024
Republic Bank's 'Dysfunction' Enabled Its Failure, FDIC Says
August 12, 2024
Chase Bank Sued Over Alleged Ties To $119M Ponzi Scheme
June 14, 2024
Fed Limits Bank's Fintech Dealings Over Risk Concerns
July 20, 2023
Terraform Says FTX Docs Are Crucial For Its SEC Defense