Scholar Mortgage Firm Navient Agrees To $1.86B Settlement

Ad Details

  • Ad ID: 6301

  • Added: August 10, 2022

  • Views: 8

Description

Though Navient is not a lender itself, it managed the scholar mortgage repayment process on behalf of the US government. Nonetheless, Navient selected to finish its participation in federal scholar loan servicing at the tip of 2021. Navient was accused of participating in abusive and deceptive practices during that tenure, including targeting college students the company allegedly knew would struggle to pay again loans.

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