On Wednesday, the Consumer Financial Protection Bureau sued Navient Corp., the country's largest servicer of student loans, claiming the company violated several acts and went out of its way to cheat borrowers. "For years, Navient failed consumers who counted on the company to help give them a fair chance to pay back their students loans," CFPB Director Richard Cordray said in a statement.
Feds Sue Largest Student Loan Servicer In The U.s., Alleging It Cheated Borrowers
The Week - Business, The Week: Business
Wed, 01/18/2017 - 5:10pm
Topics: consumer financial protection bureau corp cfpb director richard cordray sallie mae the cfpb january march fair credit reporting act fair debt collections practices act dodd-frank americans los angeles times navient the sue largest servicer u.s cheated borrowers student loan loans consumers company violated repayment billion
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