Nj Enacts Licensing as well as other Needs for Education Loan Servicers

Nj Enacts Licensing as well as other Needs for Education Loan Servicers Licensing requirement. What the law states prohibits anybody from acting as education loan servicer, straight or indirectly, without getting a permit through the Commissioner of Banking and Insurance (Commissioner). What the law states exempts the next entities from certification: federal- or state-chartered banking …