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U.S. Student loan debt statistics you should know in 2023

Credit Corp

MARCH 21, 2023

According to the Federal Reserve’s Consumer Credit report, 43.5 Not only can you not declare bankruptcy on many forms of student loan debt, but it can also harm your credit. Department of Education shows how many Americans have debt by federal loan type. At the end of 2022, the Federal Reserve reported that roughly 43.5

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

OCTOBER 16, 2023

On October 11, the Federal Trade Commission (FTC) announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. The FTC has estimated that these fees can cost consumers tens of billions of dollars per year in unexpected costs.

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