Wednesday, January 18, 2017

Feds Sue Student Loan Giant Navient: What Borrowers Need to Know

The U.S. Consumer Financial Protection Bureau is suing Navient Corp., the nation’s largest student loan servicer, accusing it of “systematically and illegally failing borrowers at every stage of repayment,” according to a press release Wednesday. The CFPB is asking Navient to compensate the borrowers the agency says were harmed. Among other things, the CFPB alleges that...



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