Thursday, February 19, 2026
HomeloansKeyCorp unit to pay $7.77 million to resolve US fraud claims

KeyCorp unit to pay $7.77 million to resolve US fraud claims

The Trump administration is set to resume wage garnishment for federal student loan borrowers in default, with notices going out starting on Wednesday.
Student loan borrowers in default were given a reprieve from wage garnishment under a pandemic-era pause on collections, which has since elapsed and allowed the garnishment process to resume.
A Department of Education spokesperson told FOX Business that

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