09 Sep 2022

Kentucky settles having student loan servicer Navient to own $step one.85 million

FRANKFORT, Ky. – Attorney General Daniel Cameron announced a $1.85 billion settlement between 39 attorneys general and Navient Corporation (Navient) and its subsidiaries related to their servicing of student loans.

Navient, called among the country’s prominent student loan servicers, features agreed to pay $step 1.85 million to 38 claims therefore the Region off Columbia. Kentucky will receive $step 1,419,, as well as $1,241,950 in restitution in order to cuatro,659 Kentucky consumers.

This new agree judgement solves accusations out of user safety law abuses related so you’re able to Navient’s presumably misleading student loan upkeep methods payday loans Plymouth. (more…)