The largest student loan servicing company in the country, Navient, is currently embroiled in a federal lawsuit with the Consumer Financial Protection Bureau (CFPB) alleging that the company «systematically and illegally» failed borrowers.
Navient,
the largest student loan servicing company in the U.S., reported fourth quarter earnings last week that fell short of Wall Street's expectations and was lower on a year - over-year basis, hurt by reduced net interest income and higher costs.For the fourth quarter of 2016, Navient said net income came in at $ 129 million, which is -LSB-...]
At the start of the New Year, the CFPB charged Navient, the nation's
largest student loan servicing company in the country, with cheating borrowers out of billions of dollars by creating obstacles to paying back loans, resulting in higher interest rates and balances.
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Navient, the country's
largest student loan servicing company, alleging that it has «systematically and illegally» failed borrowers.
Yesterday, Washington State Attorney General Bob Ferguson filed a lawsuit against Navient, the country's
largest student loan servicing company, and announced legislation for Student Loan Bill of Rights legislation, according to a press release from the Attorney General's office.
Navient,
the largest student loan servicing company, is aiming to improve customer experience with the launch of Navient Labs, which will test digital ideas and technology based on the feedback from surveys of student loan borrowers, focus groups, and usability testing.In Wednesday's press release announcing the new initiative, Navient said the ideas that come out -LSB-...]
In January, the CFPB sued Navient, the country's
largest student loan servicing company, alleging that the company has «systematically and illegally» failed borrowers.
CEO of student loan servicing giant Navient, Jack Remondi, defended the company's practices in a long ranging interview with the Washington Post on Monday, a few days after the Consumer Financial Protection Bureau launched a lawsuit against the nation's
largest student loan servicing company.
Pennsylvania's Attorney General Josh Shapiro has filed a lawsuit against Navient, one of
the largest student loan servicing companies in the United States.
Nelnet is one of the nation's
largest student loan servicing companies.
FedLoan is one of
the largest student loan servicing companies, and they handle ALL Public Service Loan Forgiveness applications.
Not exact matches
The Consumer Financial Protection Bureau in Washington D.C.CEO of
student loan servicing giant Navient, Jack Remondi, defended the
company's practices in a long ranging interview with the Washington Post on Monday, a few days after the Consumer Financial Protection Bureau launched a lawsuit against the nation's
largest student loan servicing company.According to Remondi, the problems -LSB-...]
Earlier this year Sallie Mae, the country's
largest originator and servicer of
student loans, spun off its
loan servicing,
loan management, and collections to a new
company, Navient.
SoFi Review: SoFi is one of the
largest student loan refinancing
companies right now, offering an online
student loan refinancing
service that is top notch.
ReliaMax, one of the
largest companies offering private
student loan lending solutions, has acquired the assets of a private
student loan servicing provider known as FUTR Corporation.The acquisition was announced on Tuesday, September 26th, 2017 through a press release published on -LSB-...]
Navient, the
largest student loan company in the United States, has lost two separate dismissal motions regarding two separate lawsuits filed against the
student loan servicing company.
ReliaMax, one of the
largest companies offering private
student loan lending solutions, has acquired the assets of a private
student loan servicing provider known as FUTR Corporation.
Currently,
student loans are
serviced by four separate for - profit
companies with Navient being the
largest of the bunch.
There are nine
companies with contracts to
service student loans issued under the Direct
Loan Program, the federal government's
largest education lending program, and the Federal Family Education
Loan (FFEL) Program.
Recently, the U.S. Department of Education has been in the process of transferring
large numbers of federal
student loans to new
loan servicing companies and in so doing, they may have confused many borrowers who have suddenly encountered issues with their
loans such as payments that are adjusted up or down for no apparent reason.