navient settlement

Ferguson the Illinois Attorney General and the CFPB filed the initial lawsuits against Navient on the same day in January 2017 then other states followed. Under the terms of the settlement Navient will cancel the remaining balance on nearly 17 billion in certain private student loan balances owed by 66000 borrowers nationwide in 39 states.

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Navient one of the nations largest student loan companies has settled allegations of predatory lending practices agreeing to cancel 17 billion in debt for more than 60000 borrowers.

. It will also pay out 95 million in restitution to 350000 borrowers. 13 2022 at 214 pm. Navient to cancel 17 billion in private student loans as part of settlement with 39 attorneys general Last Updated.

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