Editor's note: This story has been updated to clarify that Navient has been banned only from servicing student loans. Navient, one of the largest student loan companies in the U.S., has been banned ...

Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with student loan borrowers, the company tells CNBC. The CFPB sued Navient in 2017 for ...

Navient, one of the nation’s largest student loan companies, will pay $120 million to resolve allegations that it misallocated payments, steered people into costly repayment plans, supplied the wrong ...

Millions of current and former student loan borrowers across the United States are soon slated to receive settlement checks stemming from a landmark legal agreement with loan servicer Navient. The ...

An analysis of student loan-related complaints submitted to the Consumer Financial Protection Bureau last year shows one loan servicing company was the most complained about in 46 states, including ...