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22 maj 2023 · If a company requires you to pay an up-front fee or tries to make you sign a contract on the spot, it is likely a scam. Promise immediate student loan forgiveness or debt cancellation. Debt relief companies do not have the ability to negotiate with your creditors for a “special deal.”
27 sie 2024 · If you think you've fallen victim to a student loan scam, your first action should be to alert your student loan servicers and find out if there have been any changes to your account.
12 wrz 2024 · After a referral from the CFPB, in 2014, the Department of Justice and the Federal Deposit Insurance Corporation ordered Navient and its predecessor, Sallie Mae, to pay almost $100 million for illegally overcharging nearly 78,000 servicemembers.
It can be a sign of a scam when a debt relief company requires you to pay a fee up-front or tries to make you sign a contract on the spot. These companies may even make you give your credit card number online or over the phone before they explain how they’ll help you.
18 sty 2017 · For years, Navient, formerly part of Sallie Mae, created obstacles to repayment by providing bad information, processing payments incorrectly, and failing to act when borrowers complained. Through shortcuts and deception, the company also illegally cheated many struggling borrowers out of their rights to lower repayments, which caused them to ...
19 sty 2017 · Navient, formerly part of Sallie Mae, was sued by the CFPB Wednesday for allegedly cheating borrowers out of repayment rights.
21 lip 2021 · Sallie Mae lost my 6 payments because they switched to Navient and I was never notified. They put my $40,000 stafford loan into default, charged me 25% penalty, sent it to collections where i paid an additional $11,000 in fees to them, and garnished my wages 25%.
