The Consumer Financial Protection Bureau (CFPB) has taken significant actions to address unlawful practices in student loan debt collection and credit repair schemes. On December 9, 2024, the CFPB announced it is holding Performant Recovery, Inc. accountable for unlawful debt collection practices that affected defaulted borrowers. The agency highlighted that Performant's actions resulted in significant financial harm to borrowers. Additionally, the CFPB is set to distribute $1.8 million to victims of a credit repair scheme involving Lexington Law, as part of a broader effort to rectify financial abuses. Furthermore, the CFPB launched a new rulemaking initiative aimed at protecting survivors of domestic violence and elder abuse from the harmful effects of inaccurate credit reporting. In a related development, a $950,000 settlement was finalized between the CFPB and an online private student lender over deceptive loan practices. These measures reflect the CFPB's ongoing commitment to consumer protection and accountability in the financial sector.