U.S. cracks down on debt collection of private student loans
A graduate holds their mortarboard cap after a commencement ceremony at the University of Southern California (USC) in Los Angeles, California, U.S., May 12, 2017. REUTERS/Patrick T. Fallon/ (This September 18 story corrects amount to $21.6 million from $26.1 million in first, 10th paragraphs) WASHINGTON (Reuters) - The U.S. consumer financial watchdog on Monday ordered National College Student Loan Trusts and its debt collector, Transworld Systems Inc, to pay at least $21.6 million for attempting to collect on possibly non-existent or ...
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