CFPB Sues Nation's Prominent Student loan Team Navient having Faltering Consumers at every Phase from Payment

Washington, D.C. – Now the consumer Monetary Coverage Bureau (CFPB) is suing the nation's prominent servicer out-of each other government and private student loans to have systematically and you may dishonestly a failure individuals at every stage off fees. Consistently, Navient, formerly element of Sallie Mae, authored obstacles so you're able to cost by providing crappy recommendations, running payments improperly, and you can neglecting to act when individuals reported.