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Navient, a major student loan servicer, has reached a settlement with the Consumer Financial Protection Bureau to resolve government claims of abuse.
Navient, based in Herndon, Virginia, said in a statement it disagreed with the CFPB allegations, but that the settlement "puts these decade-old issues behind us" and was a "positive milestone in ...
Navient is being banned from federal student loan servicing and has been ordered to pay $120 million for alleged lending failures.
Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million.
Navient was the largest U.S. student loan servicer when the lawsuit began, handling more than $300 billion of federal and private loans for over 12 million borrowers, the CFPB said.
By Katie Lobosco, CNN Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million.
A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million.
By Katie Lobosco, CNN Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million. The ...
By Katie Lobosco, CNN Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million. The ...
By Katie Lobosco, CNN Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million. The ...
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