- Information
- Reports Releases
- AG Ferguson suit nets $45M in financial trouble relief, repayments of Navient
UPDATE: New Attorney General’s Office will provide an extra $240 inside the restitution getting eligible Arizona borrowers, using the total so you can as much as $500 for every single individual. If you feel your qualify in accordance with the information lower than, make sure that your contact details are latest on in order so you can always discover their restitution look at.
Individuals acquiring individual loan debt termination can get an alerts off Navient, and they’ll found refunds of any costs produced into the those people financing once
SEATTLE – Attorney General Bob Ferguson today announced that, as a result of his lawsuit, student loan servicer Navient will provide nearly $45 million in debt relief, restitution and costs to resolve Washington’s lawsuit. Ferguson asserted Navient, the Sallie Mae offshoot that was then the nation’s largest student loan servicer, engaged in numerous unfair and deceptive practices harming Washington student loan borrowers.
Washington try the first state, along with Illinois, so you’re able to document case up against Navient, and first discover a view claiming Navient bankrupt the new law. (more…)