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September 15, 2024 by Quida

DO YOU QUALIFY? NAVIENT TO PAY $100 MILLION IN COMPENSATION TO BORROWERS


Has agreed to pay back borrowers over $100 million in compensation due to misleading borrowers. Allegedly, they provided incorrect information about the income repayment options which led borrowers into more expensive plans. Borrowers will not need to take any action to receive their payments. However, be on the lookout for any claim forms that may be mailed to the borrower. The settlement order must be approved first by a federal court in Pennsylvania.

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