Posted in Uncategorized

Why Didn’t Dept. Of Education Find Problems With Loan Servicer Fined $100M?

Last May, investigations by the Department of Justice and the Federal Deposit Insurance Corporation into student loans servicing resulted in a $100 million fine against government-contracted servicer Navient for allegedly violating federal laws limiting the amount of interest that can be charged on servicemember student loans. Following those investigations, the Department of Education undertook a […]

http://consumerist.com/2015/08/05/why-didnt-dept-of-education-find-problems-with-loan-servicer-fined-100m/

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