Tag Archives: fined

Student Loan Company Fined $19 Million, Must Refund Millions In Debt And Stop Collections

One of America’s largest student loan creditors has reached a settlement with federal regulators regarding “false” lawsuits against debtors. According to the New York Times, the National Collegiate Student Loan Trusts, which holds $ 12 billion in student loan debt, will be required to pay a fine of $ 19 million in refunds and penalties, and will potentially have to ...

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