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US agency urges private lenders to ease automatic default rules on student loans – Washington Post

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US agency urges private lenders to ease automatic default rules on student loans
Washington Post
Some people who pay private student loans on time are being placed in default when the co-signer of their loans dies or declares bankruptcy, the Consumer Financial Protection Bureau said in a report due out Tuesday. These “auto defaults” force ...
Catch on student loans: If co-signer dies, pay upUSA TODAY
Student Loans Can Suddenly Come Due When Co-Signers Die, a Report FindsNew York Times
Grieving borrowers told to repay student loansNorthJersey.com
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