Student loan servicers; licensure

Also relevant to:Student / education borrower

Where it is in the process

Plain-English Summary

This bill creates a new chapter in Arizona law to license and regulate student loan servicers. It establishes a student loan ombudsman to help borrowers with complaints and understand their rights, and outlines requirements for servicers, including licensing, record keeping, and prohibited practices. The bill also sets penalties for violations, including civil penalties and damages for borrowers.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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