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- In 2019, California introduced the Student Borrower Bill of Rights backed by a coalition of 70 civil rights, higher education, and consumer advocacy organizations.
dfpi.ca.gov/student-loans/rights/Know Your Rights / Consumer Protection - The Department of ...
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Sep 27, 2024 · Known as the “Student Borrower Bill of Rights,” Assembly Bill 376 expands the rights of borrowers in several ways. Student loan servicers must now provide clear and accurate information, minimize fees, keep records, and not engage in deceptive or abusive practices.
- California Student Borrower Bill of Rights
What you need to know. The California Student Borrower Bill...
- Student Borrower ‘Bill of Rights’ Protects Californians ...
Prior to the Student Borrower Bill of Rights, California...
- California Student Borrower Bill of Rights
What you need to know. The California Student Borrower Bill of Rights was established by AB-376. These rights. apply to all Californians with federal and/or private student loans. Loan servicers must provide borrowers with accurate information about loan terms, repayment options, and benefits.
Nov 28, 2023 · What Is The California Student Borrower Bill of Rights? The California Student Loan Borrower Bill of Rights is primarily a new consumer protection law. The California legislators deemed the law necessary due to a perceived lack of federal oversight for student loan servicers.
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Mar 15, 2022 · Prior to the Student Borrower Bill of Rights, California borrowers had minimal protections. Without safeguards to help student borrowers understand their rights and get out of debt, consumers were left to navigate a complex and confusing system on their own.
Sep 25, 2020 · California’s Student Borrower Bill of Rights (AB 376), introduced by Assemblymember Mark Stone, creates standards that require loan servicers to apply payments in a way that minimizes extra...
Aug 28, 2020 · The California Student Borrower Bill of Rights, or AB 376, was passed by the state’s Senate 23-8 on Friday, creating the country’s most comprehensive legislation enshrining student debt...
Sep 30, 2020 · California Governor Gavin Newsom has signed into law the Student Borrower Bill of Rights, AB 376, as part of a package of consumer protection legislation.
