AG Ferguson files suit against Sallie Mae offshoot Navient Corp., announces scholar Loan Bill of Rights legislation

AG Ferguson files suit against Sallie Mae offshoot Navient Corp., announces scholar Loan Bill of Rights legislation

Lawsuit alleges numerous misleading education loan lending, servicing and business collection agencies techniques

OLYMPIA — Attorney General Bob Ferguson today filed case against education loan servicer Navient Corporation, an offshoot of education-finance giant Sallie Mae.

In addition, Ferguson additionally announced their agency-request education loan Bill of Rights legislation, introduced this session, to offer more resources for pupils and establish criteria for education loan servicers like Navient.

“Enormous student-loan financial obligation is a concern for most Washingtonians, ” Ferguson stated. “i am going to hold organizations accountable if they treat borrowers unfairly. go to these guys

The lawsuit, filed today in King County Superior Court, accuses Navient, the nation’s student-loan servicer that is largest, of lots of unjust and misleading techniques. Those methods included improperly steering economically troubled pupils toward short-term forbearances, participating in aggressive and deceptive collection techniques and much more. Okumaya devam et “AG Ferguson files suit against Sallie Mae offshoot Navient Corp., announces scholar Loan Bill of Rights legislation”