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 CFPB Student Loan Payback Playbook
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The Consumer Financial Protection Bureau has released a prototype of its Payback Playbook, a set of disclosures that are meant to improve communications between student loan servicers and borrowers and to help borrowers select a repayment plan that best suits their circumstances. The Department of Education is planning to implement this disclosure later this year after the CFPB receives feedback. Dodd Frank Update has the prototype in its Library for you to review.
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