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SoFi Bank sues to block Biden's student loan payment pause

Por: WPLG Local 10 Politics March 07, 2023

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WASHINGTON – A private bank is trying to force the Biden administration to end its , arguing the moratorium has no legal basis and has cost the bank, known for its refinancing business, millions of dollars in profits.In a federal lawsuit filed Friday in Washington, SoFi Bank N.A. asked a federal judge to overturn President Joe Biden’s latest extension of the payment pause. Student loan payments first were halted at the start of the pandemic... + full article



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