Written by Julian Sanchez

June 18th, 2024

Medium Risk


Navient, established in 2014, operates as a student loan servicer in the financial services industry. The company's primary role is to manage and service student loans issued by the Department of Education and private lenders. Navient provides loan servicing, asset recovery, and business processing solutions. It handles various types of loans, including federal student loans, private student loans, and refinancing options. Additionally, the company offers customer support services to assist borrowers in managing their repayment plans and to provide guidance on available options to reduce student loan debt.

  • NAVIENT: Refers to Navient, a financial services company specializing in student loans and servicing.
  • PMT: Denotes "Payment," indicating a transaction related to the payment.
  • SPE: Likely a specific reference or code used internally by Navient or the bank to indicate the type of service or nature of the transaction; could stand for "Special" or another internal categorization.
  • Start Tracking Expenses And Avoid Frauds

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3


    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
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