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A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million.
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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.
The student loan servicing provider Navient reached a deal to cancel $1.7 billion in delinquent private student loans belonging to more The post Navient to cancel $1.7B in student loans over ...
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Student loan giant Navient is cutting 43 jobs at its office in Horseheads, according to a filing with New York state. The student loan processing company said the layoffs are expected to begin on ...
Federal data reveals that despite the interest-free payment pause allowing borrowers to find some breathing room during the pandemic, two-thirds of nearly 430,000 student loan borrowers were still ...
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