Class Claims Over Student Loan Consolidations, Payoffs Settled For $3.25 Million

Mealey's (December 13, 2022, 9:17 AM EST) -- ALBANY, N.Y. — A federal judge in New York granted final approval to a $3.25 million settlement to be paid by student loan servicers and holders to end a class lawsuit by student loan borrowers who accused the lenders of interfering with their rights to pay off their loans early or consolidate them....