The CFPB claims that Navient — which holds a Department of Education contract to manage some of the $1.4 trillion in outstanding government-issued student loans — steered delinquent borrowers ...

Navient: CFPB and State Lawsuits Navient also has been sued by five states, including California, Illinois, Pennsylvania, Washington and Mississippi, who have alleged improper actions on behalf of ...

Navient Lawsuit. The memo, which was one of several documents unsealed by a federal judge, is part of a lawsuit against Navient, ... Pay Off Your Student Loans Faster in 2019.

Navient profits were boosted by ... Navient announced it had earned $153 million during that tumultuous second quarter of 2019, ... Judge allows lawsuit against student loan servicer Navient.

Newly unsealed documents in a lawsuit against Navient, one of the nation’s largest student loan management companies, provide insight into the loan servicer’s use of a questionable repayment ...

Navient was sued by the Pennsylvania Attorney General over its lending practices; years-old allegations at this point. Like other recent lawsuits in the financials space, this appears to be ...

・The CFPB has fined Navient $20 million, and ordered them to pay another $100 million to borrowers harmed ・The ruling comes from a lawsuit filed seven years ago, alleging various loan ...

Navient, which was spun off from Sallie Mae in 2014, was at its peak one of the nation’s largest servicers of federal student loans. It was also a major target of progressive anger. Sen.

Amanda Luciano, 38, racked up more than $138,000 in debt and has paid off about $52,000. The lawsuit says Navient should have erased her loans because she attended a “predatory for-profit” school.

Navient, at the time, was one of the largest companies contracted by the U.S. Department of Education to service federal student loans. But in July 2021, the company announced it would no longer ...

The deal concludes the CFPB’s lawsuit against the company that was brought in the waning days of the Obama administration in January 2017. In the years since, Navient and CFPB officials have ...