It was maybe not an average version of union ranging from two student debt collectors – the best way to define it as that SLM divided in to a couple of separate companies – version of such as for instance cellphone mutation.
The President to possess Sallie Mae® in earlier times is actually Jack Remondi. Suppose which the fresh new Ceo for Navient has started to become? That’s true – Jack Remondi.
So this wasn’t the typical types of merger ranging from a couple independent enterprises. You will find also talked in order to representatives within SLM exactly who used to work for Navient, and you will vice versa.
Both businesses are carefully relevant as there are somewhat out-of a rotating home between the two; but despite that it go after a couple different music if it pertains to settlement discussion and how they deal with defaulted account.
Read moreComparable enterprises – dramatically different collection tips