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Navient agreed to Thursday’s settlement without admitting any wrongdoing, saying in a press release that the agreement “puts these decade-old issues behind us.” Contact us at letters@time.com .
The settlement is not a first for the company. In 2022, it reached a $1.85 billion accord with 39 states and agreed to cancel about 66,000 student loans to settle claims it engaged in predatory ...
Despite demonstrating this financial hardship to Navient, the company did not enroll the student in an “income-driven plan” to lower payments until 2015, six years after they were first ...
Now that student loan servicing company Navient has agreed to a $1.85 billion settlement over alleged predatory and deceptive lending practices, tens of thousands of loan recipients might soon be...
Navient settled a lawsuit with borrowers who alleged the company illegally ... Bankruptcy filers get $198 million settlement from Navient. ... The 10 best places to buy jewelry online in 2024. AOL.
The settlement will result in the cancellation of $1.7 billion in student loans. Another $95 million will be distributed in restitution payments.
In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...
Student loan giant Navient grabbed headlines last month when it agreed to cancel $1.7 billion in debt and pay $95 million in restitution for predatory lending practices, but not all of its ...