Student Loan Repayment Options In Light Of CFPB v. Navient

Mar 30, 2017

In Consumer Financial Protection Bureau v. Navient Corp., the CFPB claims that “Navient’s acts and practices related to steering of borrowers into forbearance caused or was likely to cause substantial consumer injury.” However, whether borrowers will benefit from loan modification is difficult to determine ex-ante, that is, when the loan modification is performed, writes Edgeworth Principal Consultant Dr. Xiaoling Ang in this Law360 article.

Read the full article here.

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