Navient sinks 9.5% after audit suggests company deceived borrowers into higher-cost plans: AP

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France Dernières Nouvelles,France Actualités

Shares of Navient sank more than 9 percent Tuesday after a report said that a government audit points to deceptive practices at the company that may have resulted in borrowers opting into higher-cost plans.

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Very ironic that I was practically forced into a forbearance this afternoon by Navient since I didn’t “qualify” for any assistance programs on a loan I’ve been paying back since 2007. Looks like I’ll be 75 or dead by time this loan is paid. Making 131,000 bucks of a 44,000 loan.

France Dernières Nouvelles, France Actualités

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Student loan company Navient used deceptive practices, Dept. of Education audit suggestsNavient, one of the nation’s largest student loan companies, may have driven borrowers struggling with their debts into higher-cost repayment plans. No shit. Funny. The IRS hired private debt-collection companies to chase down overdue payments. One of the four companies that was hired was Pioneer Credit Recovery, a subsidiary of Navient. how come nobody is mentioning the bug ELEPHANT in the room, NELNET? CHICKENSHIT?
La source: USATODAY - 🏆 100. / 63 Lire la suite »

Energy companies lead US stocks lower after oil price sinksEnergy companies led a late-afternoon sell-off on Wall Street Tuesday after U.S. crude oil prices had their biggest drop in more than three years. Investors are worried about the possibility of rising oil production out of the U.S. and OPEC. The slide wiped out early gains for the market,... Looking back to January, is DOW even in positive? Or it made no progress in 11 months? *****Let's see what will happen tomorrow. One day is not an indicator. We wait. opec keeps screwing countries with there high oil prices making gas prices go up in our country. Then California is 1 dollar more because of the democrats in office
La source: ABC - 🏆 471. / 51 Lire la suite »