Great Lakes Educational Loan Services
Recent News About Great Lakes Educational Loan Services
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Student loan servicer steering borrowers into costly repayment programs, class action claims; Plaintiff is former local assistant AG
Great Lakes Educational Loan Services has until April 24 to respond to a proposed class action claiming financially stressed borrowers were steered into costly repayment programs instead of more affordable income-driven repayment options. -
Student loan servicer's practices not in borrower's best interest, class action complaint says
EAST ST. LOUIS — A Shiloh woman has filed a more than $5 million class action against her student-loan servicer, who she claims steered her and possibly thousands of other financially stressed borrowers into repayment programs that benefited the servicer more than the borrowers.