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Thousands of Arizona student loan borrowers can expect relief after Navient settlement

Thousands of Arizona student loan borrowers can expect relief after Navient settlement

Thousands of Arizonans should get some relief on their student loans as part of a nationwide settlement with loan servicer Navient.

About 2,200 Arizona borrowers are expected to receive over $54 million in debt relief, and more than 12,400 Arizonans will receive over $3.3 million in restitution under the proposed court settlement agreement, according to the Arizona Attorney General’s Office.

The $1.85 billion settlement, announced Thursday, resolves a lawsuit brought by a handful of states that claimed Navient had used unfair, predatory and deceptive student loan servicing practices, which Navient has denied.

Attorneys general argued that Navient had funneled borrowers into costly forbearances instead of letting them know about the benefits of more cost-effective payment plans, for example, and had issued unfair loans to students at for-profit schools.

It’s disappointing how Navient took advantage of distressed loan borrowers who were simply trying to get an education to better their lives, Arizona Attorney General Mark Brnovich said in a statement.

I hope these settlement dollars will go towards making it right for them and also send a strong message to any other loan servicers that if you take advantage of consumers, you will be held accountable. Continuer la lecture de Thousands of Arizona student loan borrowers can expect relief after Navient settlement

Cash advance within the MD without having any Credit Check

Cash advance within the MD without having any Credit Check

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Whilst in suchsituations you ought to have to begin with selecting choices to get some quick money fund. People will certainly like mastercard, yet , no anyone features credit cards withlimitations to their term. Continuer la lecture de Cash advance within the MD without having any Credit Check