Student Loan Servicing - The Heart of Consumer Finance

Naviet is a student loan servicing firm. It's listed on the nasdak stock exchange. Has a market cap of nearly three billion dollars. Its services 300 billion dollars in student os. The c o of naviant is named jack ramondy. In two thousand and 17 he was paid six and a half million dollars. We asked to interview him or some spokes person in navy, but they didn't want to talk. But let's leave that to one side for a moment. Here's the reality of consumer finance. A town of people highly dependent on a student Loan servicing firm are being put to work finding ways to screw the equally desperate people who've taken out the loans.