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A troubling new report from the Consumer Financial Protection Bureau (CFPB) suggests that many of the problems in the subprime mortgage market that precipitated the housing crisis may be occurring with private student loans as well.

Today, the Department of Defense released a proposed rule updating the Military Lending Act, which protects military servicemembers from predatory lending practices. The proposed rule closes several key loopholes that previously allowed lenders to trap servicemembers in a high-cost cycle of debt.

When a consumer has a bad experience with a financial institution, the Consumer Financial Protection Bureau (CFPB) gives him or her a powerful tool to hold that institution accountable: the consumer complaint system. CFPB is now accepting complaints on a wide variety of financial products and services, including mortgages, student loans, bank accounts, debt collection, and more.

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