State of Washington Enacts Education Loan Servicing Law
Washington is among the most state that is latest to impose a licensing requirement on education loan servicers. Yesterday, Governor Jay Inslee finalized SB 6029, which establishes a вЂњstudent loan bill of legal legal rights,вЂќ like the bills which were enacted in California, Connecticut, the District of Columbia, and Illinois.
What the law states has a date that is effective of, and its own demands include the annotated following:
As they move through various statehouses as we recently noted, bills like SB 6029 are being introduced in legislatures across the country at an increasing rate, and we are continuing to track the progress of these proposals.