Navient could be the nation’s largest student financial institution, gathering re re payments on a lot more than $300 billion in loans owed by significantly more than 12 million borrowers, including tens of billions of dollars in personal and federal student education loans owned because of the business it self.
Within the last 2 yrs, legal actions have already been brought against Navient by the customer Financial Protection Bureau and state solicitors basic in Illinois, Washington, Pennsylvania, Ca, and Mississippi — all billing the ongoing business with rampant education loan servicing abuses. Continue reading “Scholar Borrower Protection Center. Five Things We Learned All About Navient’s Plot to Cheat Student Borrowers”