WASHINGTON — The Consumer Financial Protection Bureau is raising concerns about a caveat in private student loan contracts that allows lenders to automatically put a borrower in default when a co-signer faces certain kinds of hardship.

In a study on student loan complaints released early Tuesday morning, the agency said lenders often demand immediate repayment of a loan when a co-signer files for bankruptcy or dies, regardless of whether the borrower is current on the loan. Borrowers also cited struggles in removing co-signers from loans, which could also trigger defaults.

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