Loan Servicers news and trends

Navient Can’t Guarantee It Has Student Loan Borrower’s Interest In Mind
Debt // April 04, 2017

Navient, the nation’s largest student loan servicer, has touted that it wants to help American borrowers, but based on a recent filing, the company is warning that it isn’t acting in the interest of consumers. According to a report in Bloomberg News, Navient said, in a motion to...

Quick Reads
CFPB Finds Failures in Loan Collection and Medical Credit Cards

July 02, 2024
The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer Financial Protection Bureau (CFPB), which found numerous failures in student and auto loan servicing, deceptive and abusive debt collection practices, and complaints centered on credit cards offered by dental and medical […]

Navient Can’t Guarantee It Has Student Loan Borrower’s Interest In Mind

April 04, 2017
Navient, the nation’s largest student loan servicer, has touted that it wants to help American borrowers, but based on a recent filing, the company is warning that it isn’t acting...