Student loans: just What Navient borrowers must know

Student education loans. (picture: Getty Images/iStockphoto) The U.S. Customer Financial Protection Bureau is suing Navient Corp., the nation’s largest student loan supplier, accusing it of “systematically and illegally failing borrowers at every phase of payment, ” according to a pr release Wednesday. The CFPB is asking Navient to compensate the borrowers the agency states had been harmed. The CFPB alleged that since at least January 2010, Navient misallocated payments, steered struggling...

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