Navient will cancel $1.7 billion in delinquent private student loans for nearly 66,000 borrowers.
“The company’s decision to resolve these matters, which were based on unfounded claims, allows us to avoid the additional burden, expense, time and distraction to prevail in court,” Mark Heleen, Navient’s chief legal officer, said in. “Navient is and has been continually focused on helping student loan borrowers understand and select the right payment options to fit their needs.
Navient said it would notify the borrowers and co-signers after the agreements receive final court approvals.
. “Navient has been one the worst actors in the student loan servicing market, and this settlement is a step toward accountability, providing direct relief for many of our most vulnerable student borrowers.”
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Illinois AG Kwame Raoul announces $1.85B settlement with student loan provider NavientA number of state attorney generals gathered virtually Thursday morning to discuss their settlement on a $1.85 billion with a loan servicing company.
続きを読む »
Navient settles predatory student loan claims for $1.85BThe settlement requires Navient to explain the benefits of income-driven repayment plans and to offer to estimate income-driven payment amounts before placing borrowers into optional forbearances.
続きを読む »
Navient Settles Predatory Student Loan Claims for $1.85BNavient, a major student loan servicing company, has settled allegations of predatory lending practices for $1.85 billion
続きを読む »
Golden Beer Can: Budweiser launches Willy Wonka-inspired contest with $1 million prizeBudweiser is giving everyone a chance to feel like Charlie in 'Willy Wonka & the Chocolate Factory' by launching a nationwide contest with a $1 million prize.
続きを読む »
Citadel Securities takes in $1.15B investment from Sequoia and ParadigmCitadel announced VC investments from a Web3-focused firm, signaling a shift toward crypto.
続きを読む »
$1.3B of Bitcoin Withdrawn from Exchanges as Miners' Reserves Reach Yearly HighBitcoin miners' reserves tapped a new one-year high following massive accumulation, while $1.3 billion in BTC was transferred out of exchanges in a day.
続きを読む »