Category: Student Loan Defenses
Bad Company of the Day: Navient Corp. – CFPB may take action
The Consumer Financial Protection Bureau (CFPB) announced that it may sue Navient, Inc., the parent company of Sallie Mae, the student-loan giant, for cheating student loan borrowers. Among the practices being investigated are practices designed to maximize late fees. If you have a loan being administered by Navient, and you have had a problem with […]
Victory Against Educap – Lawsuit Against Client Dismissed
A client was sued by Educap, Inc. on an old student loan account. Many people are under the impression that there is no statute of limitations on student loan debts. That’s true as to government student loans, but not true as to private student loans. If the lender or servicer waits past your state’s limitation […]