News Ticker

The U. S. Is Suing its Largest Student Loan Servicer Because It ‘Failed’ Borrowers

Navient the U.S. largest student loan servicer is being sued by the United States under allegations that Navient systematically and illegally cheated borrowers out of billions of dollars by deceiving students about repayment options and their legal rights.

Failing borrowers at every stage of the repayment process. The U.S. claims that Navient gave borrowers bad information, processed payments incorrectly, and failed to fix problems that borrowers complained about.

Navient said it will vigorously defend itself and that

“The allegations of the Consumer Finanical Protection Bureau are unfounded, and the timing of this lawsuit-midnight action filed on the eve of a new administration reflects their political motivations”

Click here for more information

About Marc Alex (28 Articles)
I'm just a guy looking for a niche

Feel Free To Comment

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: