Is there a lawsuit against Sallie Mae?

Is there a lawsuit against Sallie Mae?

A group of states sued Navient, formerly part of Sallie Mae, in 2017 and accused the federal loan servicer of “deceptive and abusive” practices. Navient on Thursday agreed to settle the suit, according to Pennsylvania Attorney General Josh Shapiro, who led the suit.

What number does Sallie Mae call from?

We’ve got helpful information for you. If you can’t find exactly what you need, call us at 800-472-5543.

What happens if I dont pay Sallie Mae back?

Failing to pay your student loan within 90 days classifies the debt as delinquent, which means your credit rating will take a hit. After 270 days, the student loan is in default and may then be transferred to a collection agency to recover.

Can I get my Sallie Mae loans forgiven?

Sallie Mae and other private student loans can’t be forgiven. In fact, there are actually no official student loan forgiveness programs for any private student loan company. Federal student loan borrowers can use the Public Service Loan Forgiveness (PSLF) or Teacher Loan Forgiveness programs to wipe away their debt.

Are all Navient loans forgiven?

and who doesn’t. While about 350,000 borrowers will get a small paycheck for their forbearance troubles, not all of Navient’s federal borrowers—or private, for that matter—will receive forgiveness.

Where is Sallie Mae headquarters?

Newark, DESallie Mae / Headquarters
The Sallie Mae corporate headquarters is in Newark, Delaware. Sallie Mae also operates offices in New Castle, Delaware; Newton, Massachusetts; Indianapolis, Indiana; Salt Lake City, Utah; and Sterling, Virginia.

Is there a Navient lawsuit?

[+] Last week, a major settlement agreement was announced to resolve a lawsuit brought by several state attorneys general against Navient, one of the nation’s largest student loan companies. Under the terms of the settlement, some borrowers will be eligible for student loan forgiveness or restitution.

Can Sallie Mae garnish wages?

QUICK ANSWER: Your wages can be garnished if you are in default on your federal student loans. The loan holder doesn’t need to file a lawsuit or get a judgment against you before starting a wage garnishment for a federal student loan.

What states are in the Navient settlement?

To potentially qualify for private debt relief, the borrower’s mailing address on file with Navient as of June 30, 2021, must be within Massachusetts or one of the restitution-participating states listed above, or Arkansas, Kansas, Michigan, Rhode Island, South Carolina, West Virginia, Vermont or associated with a …