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Tens of thousands of people who took out student loans over the past 20 years could see their loans canceled or receive a small check as part of a nationwide settlement with Navient, a major ...
Navient, formerly part of Sallie Mae, used to be one of the biggest servicers of student loans in the country. ... eligible borrowers would receive a check from the bureau or its contractor in the ...
More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating ...
Navient Corporation is an American student loan servicer based in Wilmington, Delaware. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.
Navient is looking at paying $100 million to be dispersed among hundreds of thousands of borrowers and $20 million in fines. ... The CFPB said it would mail checks to people eligible to be ...
By 2015 U.S. Department of Education had contracted out to various federal accounts receivable collectors, including "Navient-owned Pioneer Credit Recovery, as well as Coast Professional, Enterprise Recovery Systems, National Recoveries and West Asset Management", the management of the "$744.3 billion portfolio of direct student loans". [42]
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Some checks are starting to be sent to certain student loan borrowers even though, as result of a court order, the Biden administration is temporarily blocked from processing debt discharges. SNAP...