Let me know if this heard this before: You borrowed or cosigned for the personal education loan from Sallie Mae in the past. Within the years you’ve made re payments whenever you could and asked for forbearances and price decrease system possibilities whenever you couldn’t. Nevertheless, despite your absolute best efforts and spending 1000s of dollars, the total amount is a lot more than that which was initially lent.

Would you feel seen at this time?

I am aware your tale. We heard all of it the time when I ended up being settling over 1 million in student education loans year that is last.

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I’m going to answer some common questions that come up with Navient student loan settlements because I know your story.

But before i actually do that, I would like to make certain you discover how Navient got your loans.

# 1 That Is Navient

When you borrowed your personal loan debt Sallie Mae had been both your loan provider and loan servicer.

In 2014, that changed. That 12 months, Sallie Mae created Navient to take care of loan servicing for both federal student education loans and several of Sallie Mae’s personal loans.

Later on that 12 months, your bank account ended up being delivered to Navient therefore it could offer help with your payment choices and loan forgiveness programs such as the Public provider Loan Forgiveness program.