Student-loan servicer Navient agreed to a $20 million fine and $100 million in refunds after settling a lawsuit filed by the Consumer Financial Protection Bureau. Checks have begun going out.
Some borrowers have already reported receiving checks, with amounts ranging from as little as $50 up to $2,000.
Student loan borrowers are getting paid from the Navient settlement. Find out if you're eligible and what to do if you haven't received a check yet.
Former CFPB Director Rohit Chopra reached a settlement with Navient over claims the lender overcharged student-loan borrowers.Michael A. McCoy/Getty Images Student-loan borrowers, check the mail: ...
US student borrowers affected by Navient's costly forbearances will receive checks following a $120 million settlement with the CFPB.
Navient student loan borrowers are expected to start receiving checks this month as part of its $120 million settlement with the Consumer Financial Protection Bureau. The financial services company is ...