Sentences with phrase «against your student loan servicer»

The Departments of Education and Justice, and the Federal Deposit Insurance Corp., announced this past Tuesday a sizable settlement against student loan servicers Sallie Mae and Navient for overcharging and imposing excessive fees to military members.

If you don't believe me, just go ahead and file a complaint against your student loan servicer and see how much protection you get.

In total, there were 177,293 complaints - 5,344 of which were made against student loan servicers.

The table below features the five most common complaints made against student loan servicers for private student loans only and how many times each complaint has been filed in 2017.

Just last week, Navient lost two separate dismissal motions regarding two different lawsuits that were filed against the student loan servicer.

On Wednesday, The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against student loan servicer giant, Navient.

Not exact matches

The largest U.S. student loan servicer, Navient (navi), cheated borrowers out of billions of dollars, often by deceiving them about repayment options and their legal rights, the U.S. consumer financial watchdog said on Wednesday as it announced a lawsuit against the company.

But loan servicers may not credit your student loan «prepayments» against your loan principal.

Lawsuits filed against one of the nation's largest student loan servicers by the federal government's consumer watchdog and two states highlight the importance of knowing your options for repaying student loan debt.

«This heightens the tension between borrowers who are already struggling to understand how they can best repay their student loans and student loan servicers who seem to be actively working against their best interests,» said Jay Fleischman, a lawyer specializing in resolving student loan debt issues.

In January, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Navient, the nation's largest servicer of both federal and private student loans.

Student loan borrowers aren't defenseless against loan servicers.

Navient, the nation's largest student loan servicer, is fighting back against allegations from the Consumer Financial Protection Bureau that it misled and defrauded thousands of student debt holders.

LendEDU covered a lawsuit earlier in 2017 that was filed against Navient when the Consumer Financial Protection Bureau (CFPB) alleged that the student loan servicer cheated borrowers by establishing obstacles to repayment, leading to higher student loan balances and greater interest.

In addition, we reported the total number of complaints made against each servicer for federal student loans, private student loans, and both combined.

The Bureau also initiated an enforcement action against a large student loan servicer during the time period covered by this report.

Another interesting statistic that we found is that, despite private student loans making up only around 10 % of the total student loan market, 42 % of all complaints against servicers were made regarding private student loans.

Let's take a closer look into Cornerstone student loans and see how they stack up against other servicers and look closely into everything that Cornerstone has to offer for a student loan debtor in repayment.

The following table shows the complaints made against each servicer regarding all types of student loans - both federal and private.

Last year, the Consumer Financial Protection Bureau and the attorneys general of Illinois and Washington State filed lawsuits against Navient, the country's largest student loan servicer, which handles roughly one in four student borrowers.

The division was instrumental in helping students and young consumers navigate a confusing and costly system, as well as taking legal action against lenders, predatory for - profit colleges, loan servicers, and debt collectors who misled young people.

While having long - term implications for the financial health of borrowers, a present concern for consumer advocates is that it is unclear what will happen to the CFPB's ongoing lawsuit against the large student loan servicer, Navient, who was sued under the previous CFPB directorship over findings it committed widespread fraud and abuse against student loan borrowers.

Borrowers already have very little consumer protections to defend themselves against the predatory behavior of student loan servicers.

With the help of the Consumer Financial Protection Bureau's (CFPB) database, The Student Loan Report was able to find out how many complaints were filed against each of the nine student loan servicers that handle federal and privateStudent Loan Report was able to find out how many complaints were filed against each of the nine student loan servicers that handle federal and private loLoan Report was able to find out how many complaints were filed against each of the nine student loan servicers that handle federal and privatestudent loan servicers that handle federal and private loloan servicers that handle federal and private loans.

After the Consumer Financial Protection Bureau received over 1,000 complaints against Navient from Pennsylvania residents, the state's Attorney General Josh Shapiro recently filed a lawsuit against the largest student loan servicer in the country.

The Missouri Higher Education Loan Authority (MOHELA), one of nine student loan companies that manages the federal government's trillion dollar student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student loLoan Authority (MOHELA), one of nine student loan companies that manages the federal government's trillion dollar student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student loloan companies that manages the federal government's trillion dollar student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student loloan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student loans.

For example, the federal government filed suit in January of 2017 against Navient, the largest servicer of student loans in the U.S. with 12 million customers who owe $ 300 billion.

She has experience representing consumers against banks, debt collectors, student loan companies, loan servicers, mortgage companies, landlords, and many more.