Lawsuit alleges numerous student that is deceptive lending, servicing and business collection agencies techniques
OLYMPIA — Attorney General Bob Ferguson filed a lawsuit against student loan servicer Navient Corporation, an offshoot installment loans of education-finance giant Sallie Mae today.
In addition, Ferguson additionally announced their agency-request education loan Bill of Rights legislation, introduced this session, to give more resources for pupils and establish criteria for education loan servicers like Navient.
“Enormous student-loan financial obligation is a problem for most Washingtonians, ” Ferguson stated. “i am going to hold organizations accountable if they treat borrowers unfairly. ”
The lawsuit, filed today in King County Superior Court, accuses Navient, the nation’s biggest student-loan servicer, of lots of unjust and misleading techniques. Read more