AP Exclusive: Audit points to deceptive practices by Navient

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AP Exclusive: Department of Education report shows evidence that student loan servicing company Navient steered borrowers into high-cost repayment plans. kensweet

 

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kensweet Did anyone else student loans double overnight out of nowhere. It cause my score to drop dramatically

kensweet Yes they did and also Lied about When. Loans had to be paid ... thus letting loans go To default on purpose!! 😡

kensweet To add a pinch of salt to the gaping wound, they were my only creditor ever who did not include a return envelope. I paid back more than twice what I borrowed. Glad to have that heinous monkey off my back.

kensweet so can we stop paying until further notice? Navient Nelnet

kensweet This is very true, in fact upping the rate. I am sure their day in court is coming.

kensweet No shit.

Treilly1298Tara kensweet I wonder what BetsyDeVosED is doing to cover this up ?

Trish_Crain kensweet And I thought my son was the only victim !! LOL impossible to pay this loan off .

kensweet My granddaughter had one of those loans and it nearly impossible for her to pay it back

stevelackmeyer kensweet I could have told you that, I was given one and only option which was beyond affordable. Hung up, called back and got another agent who lowered my payment by nearly $400/month!!

kensweet Sorry - this is a report from ED and you put this statement form ED in para 21 “Nothing in the report indicates forbearances were applied inappropriately — the observations noted focused on suggested improvements regarding how to best counsel” a small minority of borrowers

kensweet

kensweet This is what happens when you privatize

kensweet

kensweet Yup they send me about 5 mails per week 🖕🏾🖕🏾

kensweet Navient is extremely crooked

kensweet ap kensweet 0debtzone My federal loans with Navient are 'under investigation' until November 2019 - I'm not required to make payments until then BUT hilariously enough interest is accruing because that definitely makes sense, right?

kensweet Nothing will happen to them. After all the goal is to keep these kids paying for loans for the rest of their lives. crooks

kensweet Navient I’m waiting for the student loan bubble to burst. Your day in court is coming. We know you and SallieMae have colluded with universities to raise tuition for years. Racking up $1 trillion in loans over the past 15 years didn’t just “happen” without predatory practices.

kensweet For all the crazies - Navient came to be in 2014 under/because of your precious Obama administration.

kensweet Duh. I still owe the same amount that I did 10 years ago. I think they have me paying interest only.

kensweet Navient...glad my loans are paid off. It was terrible Sally Mae first, Navient was no better.

kensweet CONSEQUENCES? These “higher learning” Universities Are ACCOUNTABLE TO US!!! If Not, NO TAX MONEY PERIOD. AND DO THE SAME FOR EVERYTHING ELSE THEY USE AS A WEAPON AGAINST OUR REPUBLIC! Like ILLEGAL IMMIGRATION and ABORTION!

kensweet Time to cancel studentloan debt.

kensweet

kensweet Does Trump own stock in them?

kensweet They also make it impossible to change your payment plan. Hope they burn in hell!

kensweet Shocking

kensweet Where have we seen this behavior before? Oh yes, the mortgage markets leading up to 2008.

kensweet Dang this company used to service my student loan before i got it refinanced..lol

kensweet Duhh...how else is the president of the company going to become a multi-millionaire? This is about money and separating middle-class and poor people from their money to enrich an individual or company...period!

kensweet LockEmUp 😎

kensweet Yes they did!

kensweet Hi Ken, Both my daughters have been affected by these crooks. I hope there is a class action suit against them. Btw, I used to sit near you at 450 W 34th.

kensweet All of education is an unchecked racket. From shady financial institutions to unjustified tuition increases. It's a scam.

kensweet I am not at all surprised.

kensweet

kensweet Students everywhere: 'Uh, duh.'

kensweet Sounds about right. Navient is the WORST.

kensweet Is that right, Navient?

kensweet Ocasio2018 this is where you can help. Forget about idiots who can't handle fashion.

kensweet No surprise

kensweet Betsy DeVos keeps on winning!

kensweet More Fake News

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AP Exclusive: Gov't questions unfair student loan practicesOne of the nation's largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans. The conclusions of the 2017 audit, which until now have been kept from the public and were obtained by The Associated Press, appear
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