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Financial

Payments begin in $120M Navient Student Loan Settlement

vs. Payments begin in $120M

Individuals affected by Navient's student loan servicing practices may receive a cash payment from a $120 million CFPB settlement.

Filing Deadline
TBD
Estimated Payout
$1.2 — $1.2
$120 total fund
Proof Required
No Proof Required
Just a sworn statement
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Did you use a product or service from Payments begin in $120M?

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$1.2

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Who's Eligible?

Student loan holders qualify to receive a redress payment if: They had one or more student loans Navient Solutions LLC or Pioneer Credit Recovery Inc. serviced. The companies steered them into forbearance instead of offering income-driven repayment plans or Navient’s servicing practices otherwise affected them. They experienced misapplied payments or inaccurate credit reporting, or received misinformation about repayment options. Navient’s records identified them as harmed by these practices.

Student loan holders qualify to receive a redress payment if: They had one or more student loans Navient Solutions LLC or Pioneer Credit Recovery Inc. serviced. The companies steered them into forbearance instead of offering income-driven repayment plans or Navient’s servicing practices otherwise affected them. They experienced misapplied payments or inaccurate credit reporting, or received misinformation about repayment options. Navient’s records identified them as harmed by these practices.
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Settlement Details

Student loan holders qualify to receive a redress payment if: They had one or more student loans Navient Solutions LLC or Pioneer Credit Recovery Inc. serviced. The companies steered them into forbearance instead of offering income-driven repayment plans or Navient’s servicing practices otherwise affected them. They experienced misapplied payments or inaccurate credit reporting, or received misinformation about repayment options. Navient’s records identified them as harmed by these practices.

Case Information

Settlement Administratorclaimdepot.com
Statusopen
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