Consequences of Missing Student Loan Payments Are Returning News ad

Consequences of Missing Student Loan Payments Are Returning News ad

Protections aimed at helping federal student loan borrowers get back into the habit of making monthly payments end next week. The so-called “on-ramp” for returning to repayment blocked the worst consequences of missing student loan payments after monthly billing resumed last fall following a more than three-year pause during the pandemic. The on-ramp officially expires … Read more

Navient Set to Pay Millions to Harmed Student Loan Borrowers News ad

Navient Set to Pay Millions to Harmed Student Loan Borrowers News ad

The federal government is ordering student loan servicer Navient to pay a hefty fine aimed at redressing exploited borrowers. The Consumer Financial Protection Bureau (CFPB) filed a proposed order Thursday against Navient, fining the financial firm $120 million and recommending it be permanently banned from servicing federal student loans. Part of that money is earmarked … Read more