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Violation Tracker Individual Record

Company: Student CU Connect CUSO, LLC
Penalty: $168,000,000
Year: 2019
Date: June 14, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-Scandal: Student Loan and For-Profit College Abuses
Violation Description: Student CU Connect agreed to cease efforts to collect some $168 million in debt owed by borrowers who had taken out the loans to attend the failed private college ITT Tech.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.