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Stock impact report

Navient Settlement Checks Are Going out Now—Here's How to Get Yours [Yahoo! Finance]

Navient Corporation (NAVI) 
Last navient corporation earnings: 4/21 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: navient.com/about/investors
Company Research Source: Yahoo! Finance
Getty At least 100,000 student loan borrowers who were steered into forbearance—a temporary pause or reduction in loan payments—by Navient in 2017 or earlier could be getting a check in the mail as a result of the settlement between the Consumer Financial Protection Bureau (CFPB) and the lender in the upcoming weeks. Currently, the checks are believed to be around a few hundred dollars, but some borrowers could receive more. To learn more about the Navient settlement, keep reading. Student Loan Garnishment Delayed: What Borrowers Need to Know Now What to know about the Navient settlement Navient, formerly part of Sallie Mae, was a Delaware-based student loan servicer that helped more than 12 million people pay for higher education, but in 2024 the company was banned from handling federal loans due to the $120 million settlement agreement with the CFPB. “For years, Navient's top executives profited handsomely by exploiting students and taxpayers,” former CFPB Director Rohit Show less Read more
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