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So I got a major financial kick-in-the-ass today.....
Seems that I owe $63K for loans that I thought were forgiven, probably 50% interest at this point from 2011. Maine hasn't garnished past rebates till now. $3150 this cycle.
I'm thinking of settling, total principle now. 2nd option is using SS to pay this down over 2-1/2 years. Oh well. I like working....
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So I got a major financial kick-in-the-ass today..... (Original Post)
OAITW r.2.0
Oct 2023
OP
vanlassie
(5,899 posts)1. Well, THAT sucks! You have a good attitude about it, anyway.
That will help.
OAITW r.2.0
(28,361 posts)7. Happy to be alive!
This is sorta my kids' problem, one way or another. We'll figure it out.
TomDaisy
(2,120 posts)2. Option?
Link to tweet
Re-upping this for no particular reason. The easiest lawsuit I ever filed and any one can do it.
In my experience, none of these student loan servicers / loan sharks kept proper chain of title. You challenge their ownership, they decline to respond, you get a default judgment.
-----
Some of us satisfied our student loans the old fashioned way.
Suing the bullshit shell companies that bought up the debt without keeping proper chain of title.
Think. Again.
(17,926 posts)3. Considering the level of ethics....
....practiced by predatory student loan lenders, that seems fair.
Nictuku
(3,863 posts)4. Thank you for posting that
.... was looking for something like that to help advise a friend the other day.
TomDaisy
(2,120 posts)5. I hope it is successful. Sophisticated lenders have taken advantage of too many student borrowers
Frasier Balzov
(3,481 posts)6. Even paying a lawyer seems worth it.