Millions of student-loan borrowers risk facing debt collectors who were penalized for 'misleading' behavior
Business
Private companies penalized for their student-loan collection tactics may be making a comeback. As President Donald Trump transfers federal student loans from the Department of Education to the Treasury Department, defaulted borrowers will be routed through the Treasury's "Cross-Servicing program," which uses private contractors to collect federal debts. Two agencies in that system, Pioneer Credit Recovery and Transworld Systems, were previously sued or fined by federal watchdogs for "
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