per the FTC regulation known as the Holder Rule

What the CFPB Record Shows About per the FTC regulation known as the Holder Rule

per the FTC regulation known as the Holder Rule has accumulated 1 consumer complaint in the CFPB public database, with filings active across 1 U.S. state. Of those submissions, 1 includes a consumer narrative — the verbatim description of the reported problem that the CFPB collects alongside each filing. The earliest complaint on file dates back to It w, and the most recent logged activity is It was pro, giving this record a multi-year window of observable consumer sentiment.

Looking at response behavior, per the FTC regulation known as the Holder Rule reports a 0% timely-response rate and has closed 0% of cases with a written explanation to the consumer. 0% of complaints were closed with monetary or non-monetary relief — an outcome signal that tracks how often consumers walked away with some form of remediation. A further 0% of responses were formally disputed by the consumer after the company replied, a useful marker of resolution quality independent of sheer volume. The most-reported product category for this record is "which has also been shut down as of XX/XX/XXXX ) lured students with pervasive '' lies and the institution falsified data", and the single most common underlying issue is "and cheated borrowers into taking on mountains of debt without leading to promising career prospects at the end of their studies. The chain misled students about the success of graduates and about employment partnerships that would help students find jobs. XXXX XXXX XXXX The chain told prospective students that more than 80 % of graduates found jobs in their fields of study".

Complaint volume is heavily influenced by company size, customer base, and market footprint — larger financial institutions routinely carry more filings purely because they serve more consumers. A complaint is a consumer-reported allegation, not proven wrongdoing, and a timely or relief-flagged closure does not by itself confirm fault. Use this page as one input among many when evaluating per the FTC regulation known as the Holder Rule: cross-check against the CFPB Consumer Complaint Database directly, review your own contract terms, and consult a licensed professional for financial, legal, or regulatory advice. This page is informational only.