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 ...

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 ...

Editor's note: This story has been updated to clarify that Navient has been banned only from servicing student loans. Navient, one of the largest student loan companies in the U.S., has been banned ...

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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 ...

Nearly eight years ago, I was on a press call with the Consumer Financial Protection Bureau, as it filed a lawsuit against student loan servicer Navient for “systematically and illegally failing ...

The Consumer Financial Protection Bureau filed a proposed order Thursday to permanently ban Herndon-based Navient, formerly the nation’s largest student loan servicer, from servicing federal student ...

Navient faces a ban from servicing federal student loans after the Virginia-based financial services company settled a lawsuit with the Consumer Financial Protection Bureau (CFPB) for $120 million.

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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Navient, one of the largest student loan companies in the U.S., has been banned from servicing federal student loans by the Consumer Financial Protection Bureau − a practice the company said it ...

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 ...