Navient Settlement Phone Call 2024 Batch. Navient is banned from servicing. As part of the agreement, navient will pay $20 million in a penalty and fund $100 million in compensation that the cfpb will distribute to student loan borrowers.
Regulator on thursday banned navient (navi.o) from servicing federal student loans, excluding the company once known as sallie mae from a market it. In 2022, 39 state attorneys general announced a $1.85 billion settlement with navient for originating predatory student loans in addition to its forbearance.