A nonprofit group is publicizing the relief program that Navient, a large lender, created for students who attended for-profit schools that misled them.

A nonprofit group is publicizing the relief program that Navient, a large lender, created for students who attended for-profit schools that misled them.

Borrowers with commercially held loans will now have until June 30 to take steps to make their loans eligible for elimination.

Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.

The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.”

He built a small Southern bank into a regional powerhouse, helping to turn Charlotte, N.C., into a national financial hub.

The options would include charging a benchmark fee, set by the bureau, that would be significantly lower than the current $35 standard.

The Education Department reduced payments to its loan servicers as the consumer bureau spotlighted mistakes.

After a pandemic freeze, 22 million people received their first bill in years in October — and around 60 percent paid, the government said.

The Biden administration may have been blocked from canceling debt for tens of millions of borrowers by the Supreme Court, but it has still managed...