Navient Corporation and Navient Solutions Investigation

Squitieri & Fearon, LLP is investigating a Potential Class Action Lawsuit Against Navient Corporation and Navient Solutions, Inc. (“Navient”) on behalf of student loan borrowers.

Navient is one of a select group of companies chosen to service student and parent federal loans for the U.S. Department of Education.  Navient also services a large portfolio of private student loans.  Navient is currently the largest student loan servicer in the United States, servicing the loans of more than 12 million borrowers.  Following a corporate reorganization in 2014, Navient was the successor to Sallie Mae Corporation and Navient, LLC.  Navient continued to service the existing loans in the Sallie Mae portfolio while servicing new loans via contracts with the U.S. Department of Education.

We are investigating claims that Navient intentionally engaged in unfair, deceptive and unlawful practices such as creating a system to apply student loan debtors’ partial pre-payments against future interest payments and purported fees rather than reducing a loan’s outstanding principal balance.  As a result of this practice, student loan debtor’s unpaid principal balance increased over time resulting in the student loan debtors paying more in interest over the life of the loan, thereby generating larger revenues and profits for Navient.

If you or someone you know has a student loan serviced by Navient, fits the above criteria, and would like to learn more about our investigation, please fill out our online form, or contact or by phone at (212) 421-6492.


Navient Corporation and Navient Solutions Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.