$1.85 billion settlement announced with student loan servicer Navient
On Thursday, Illinois Attorney General Kwame Raoul joined a coalition of attorneys...
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On Thursday, Illinois Attorney General Kwame Raoul joined a coalition of attorneys...
Navient steered struggling student loan borrowers into costly long-term forbearances instead of counseling them about more affordable repayment plans.
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion
Harrisburg, Pa. – Allegations of widespread unfair, deceptive, and abusive student loan servicing practices and abuses in originating predatory student loans led to Thursday's announcement of a massive settlement.
The company will provide relief totaling $1.8B to resolve allegations of unfair and deceptive practices and abuses in originating predatory student loans. Massachusetts AG Healey announces settlement with student loan servicer Navient