Student Loan Servicing Regulations: 50 State Guide on Laws ...
Illinois, and Washington, D.C. have passed comprehensive legislation to regulate the way student loans are serviced and to require licensure of student loan servicers. Most recently, Illinois passed the most expansive regulation of student loan servicing on May 31, 2017. ... indicate a net worth of at least $250,000. Servicers will not be ... ................
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