The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday.
They could if they weren’t selling the debt to collection agencies. That’s the hack. Take the hit to your credit, maybe a civil suit to get a little out of you, but don’t bother paying the collection agency. Just refuse to talk to them.
Huge gift to student borrowers. Just default on your loans and take the hit to your credit.
They can not only garnish your paycheck but also your social security aka retirement money…
They could if they weren’t selling the debt to collection agencies. That’s the hack. Take the hit to your credit, maybe a civil suit to get a little out of you, but don’t bother paying the collection agency. Just refuse to talk to them.
Hold up private collections? Sorry I missed that one. Do you have a link on that? I haven’t seen that stated yet
Oh nope, my bad. I didn’t read the article. I guess we’re all fucked.