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Student loan borrowers discover significant drop in credit score following CARES Act protections

Tuesday, May 12, 2020
Justin Gray | WSBTV Atlanta
Whitney Barkley-Denney

Whitney Barkley-Denney from the Center for Responsible Lending said the federal government can and should force the loan servicers to follow the rules. “They have multimillion dollar contracts with these servicers and, by the way, it’s taxpayer money that’s paying these servicers to properly service student loans and so the Department of Education absolutely has a role in enforcing their contracts,” Barkley-Denney said.