When debt collectors called you, they never expected you to call us!

Archive for the ‘Student Loan Harassment’ Category

Kimmel & Silverman Wins $300,000 for Harmarville, PA Client Against Navient

When Paul DeMuth fell behind on his student loan payments, he started receiving collection calls from Navient, formerly part of Sallie Mae. They called multiple times a day and even when he asked them to stop, they kept coming. He turned to Kimmel & Silverman for help and filed suit. An independent arbitrator found Navient…

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CFPB Considers Suing Student Loan Giant Navient For Cheating Borrowers

Federal regulators are considering suing Navient Corp., the nation’s largest student loan company, for allegedly cheating borrowers, the company said Monday. The Consumer Financial Protection Bureau, which has been investigating the company for nearly two years, sent Navient a letter on Aug. 19 telling its executives that the agency’s enforcement staff had found enough evidence…

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Mountain-size student loan debt causes enormous financial problems for Millennials

For many 20- and 30-somethings, paying off the cost of student loans is a necessary priority, coming before marriage, having a family or buying a house. A recent report titled “Student Loan Affordability” from the Consumer Financial Protection Bureau (CFPB), suggests myriad ways in which student loan debt may be having a ripple effect on…

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Stop Debt Collectors before They Start: Deferments on Student Loans

Debt Collectors can be nasty and have earned their reputation for not being easy to deal with. It is easier it seems to avoid them altogether, hoping that the problem will go away on its own. Unfortunately, collection agencies have a hard time giving up. They know they are supposed to work within the rules…

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