Posts Tagged: Navient Student Loans

Navient Student Loan Borrowers Steered Into Bad Repayment Program

Posted by & filed under Consumer Protection.

The Consumer Financial Protection Bureau has accused student loan processor Navient of directing borrowers into costly forbearance programs rather than into alternate, income-based repayment programs, as reported by Reuters. Federal student loan borrowers are entitled to participate in certain income-based repayment programs if they run into difficulty making payment due to economic hardship. Navient, which… Read more »