navient

Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

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Navient Scoops Up Online Lender Earnest
Navient Scoops Up Online Lender Earnest
October 06, 2017  |  Partnerships / Acquisitions

Earnest, a FinTech startup with hopes of creating a modern financial institution, is selling to student-loan giant Navient for $155 million in cash. According to TechCrunch,...

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Banks Line Up To Challenge CFPB
Banks Line Up To Challenge CFPB
May 08, 2017  |  CFPB

Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions,...

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Navient Widens Its Monopoly On Student Debt With $6.9B JPMorgan Deal
Navient Widens Its Monopoly On Student Debt With $6.9B JPMorgan Deal
April 20, 2017  |  Loans

With over $1.3 trillion owed in just the United States alone, student debt is likely one of the largest pieces of financial stress weighing on...

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Navient Can’t Guarantee It Has Student Loan Borrower’s Interest In Mind
Navient Can’t Guarantee It Has Student Loan Borrower’s Interest In Mind
April 04, 2017  |  Debt

Navient, the nation’s largest student loan servicer, has touted that it wants to help American borrowers, but based on a recent filing, the company is...

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Upromise Fined $500,000 By FTC For Violating Data Collection, Usage
Upromise Fined $500,000 By FTC For Violating Data Collection, Usage
March 20, 2017  |  Security & Fraud

Upromise, a membership reward service, was fined $500,000 by the Federal Trade Commission (FTC) to settle allegations it violated a FTC rule that requires companies...

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London’s Coming FinServe Fizzle?
London’s Coming FinServe Fizzle?
January 20, 2017  |  Sizzle/Fizzle

London's bridge (to the EU) is falling down, but perhaps not completely.  And lest you think Brexit is the biggest Fizzle of them all, think...

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CFPB Sues Student Loan Servicer Navient
CFPB Sues Student Loan Servicer Navient
January 19, 2017  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) announced yesterday (Jan. 18) that it has filed suit against Navient, the largest servicer of federal and private student loans...

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CFPB’s Latest Targets
CFPB’s Latest Targets
August 26, 2015  |  News

The Consumer Financial Protection Bureau (CFPB) released the results of its monthly consumer complaints snapshot yesterday (Aug. 25), with credit reporting complaints taking the top...

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