CFPB Makes Somewhat Unsurprising Finding in the Ridiculously Complicated World of Student Loan Repayment

The Consumer Financial Protection Bureau (CFPB) released a student loan industry report yesterday that shows 9 in 10 high risk borrowers were not enrolled in federal affordable (or income-driven) repayment plans (IDR) – plans that allow people to make payments based on how much they earn.

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» CFPB Makes Somewhat Unsurprising Finding in the Ridiculously Complicated World of Student Loan Repayment

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TransUnion Finds Struggling Consumers Pay Off Unsecured Personal Loans First

A new study from TransUnion has revealed that when faced with the choice of which debts to pay, consumers in financial distress are choosing to prioritize unsecured personal loans ahead of others such as auto loans, mortgages and credit cards.

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