Navient Borrowers Start Receiving CFPB Redress From $100 Million Compensation Pool
Borrowers identified as harmed in enforcement action against student loan servicer Navient have begun receiving payments from a $100 million compensation pool established by the U.S. Consumer Financial Protection Bureau. The disbursements follow a 2024 settlement that included a ban on Navient servicing federal student loans and a $120 million paym…