News Consumer Advisory: Private Student Loan Relief Announced for Massachusetts Borrowers
COVID-19 impacted borrowers in Massachusetts with private student loans not covered by the CARES Act may be eligible for some relief options through a recent multi-state initiative between private student loan servicers and the MA Division of Banks
The Division of Banks (DOB) is the chartering authority and primary regulator for financial service providers in Massachusetts. DOB's primary mission is to ensure a sound, competitive, and accessible financial services environment throughout the Commonwealth.