Difference between revisions of "ITT Tech"

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(ITT Technical Institute Facts & Timeline)
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Revision as of 14:19, 8 October 2015

"ITT marketed itself as improving consumers’ lives but it was really just improving its bottom line, We believe ITT used high-pressure tactics to push many consumers into expensive loans destined to default. Today’s action should serve as a warning to the for-profit college industry that we will be vigilant about protecting students against predatory lending tactics.” Reference Source - said CFPB Director Richard Cordray on Prepared Remarks of CFPB Director Richard Cordray at the ITT Enforcement Action Press Conference Febuary 26, 2014