The Consumer Financial Protection Bureau Thursday said Navient will be banned from federal student loan servicing and pay $120 million to resolve a lawsuit filed by the CFPB. Director Rohit Chopra ...

Student loan provider Navient has agreed to pay $120 million in penalties and refunds to settle a dispute with the Consumer Financial Protection Bureau over what regulators describe as the company’s ...

Thousands of student loan borrowers are expected to receive long-sought debt relief through a $1.85 billion consent judgment announced Thursday with Navient, one of the nation's largest student loan ...

Navient, once one of the country’s largest student loan servicers, has reached a $120 million settlement with the Consumer Financial Protection Bureau (CFPB) — resulting in the company being ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Some borrowers whose private student loans were serviced by Navient may be eligible for debt relief. The company has quietly launched a forgiveness program for borrowers who were defrauded by their ...

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Sept. 12 (UPI) --The Consumer Financial Protection Bureau said Thursday that student loan servicing company Navient will be banned from servicing federal direct loans and must pay $120 million for ...

Select private student loan borrowers may be eligible for student loan forgiveness through former servicer Navient. Plus, more sweeping student loan cancellation was announced for federal borrowers in ...

A group of state attorneys general announced a big settlement earlier this month to litigation against Navient, a major provider of student loans. About 350,000 borrowers will share in $95 million in ...

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. Check out our Student Loan ...

Navient, one of the nation’s leading student debt servicers, has agreed to student loan debt cancellation for, in the words of New Hampshire Attorney General John Formella, “victims of Navient’s ...