I don’t know if you SAID it was their fault or not. you IMPLIED it in a few of your posts.. go back and read! They don’t have to follow any rules as they are the Government!! It says that or something to that effect in your contractual agreement! Of course, they are different! Credit card companies vs. Government – TWO different things. You were wronged by them, we know – you need to get over it.
Before you start telling me to get over myself maybe you should take your own advice! I’m not insulting anyone. I initially was trying to help, but you continually repeat that THEY have WRONGED you and so on. Maybe you should take some ownership and get over it! I’ve talked to several people over the years who’ve had trouble paying on their student loans and not once has anyone mentioned the things you have talked about and suggested. I think your “warnings” are not well-founded. The “ridiculous voluntary payments” you mention I have never seen myself nor have I heard of others encountering them so what makes me so wrong for questioning you and where you base this?
As far as them using a “collection agency” I’ve not seen that either. Maybe when you are seriously into default they use that but they’ve worked with us and others I know so before you start telling me to get over myself maybe you should think and realize that others may not have gone thru the experience you have and that doesn’t make them wrong nor does it make you an authority, expert, or right! There are two sides to everything but you would have everyone believe that only your side is the real side or the correct side.
If anyone on this list is struggling with paying their student loan I urge them to immediately call and make arrangements and work with whoever you have to. They will work with you!! They will go through a lot BEFORE they ever get to the point of just garnishing your wages etc. There are ample warnings and opportunities to resolve things it never even needs to get to this. Stop trying to ‘scare’ or ‘warn’ everyone. There is nothing to be scared of or warned about. Just pay your loan and if you cant call and make arrangements and go from there. They are not ridiculous and unreasonable like you are trying to make them out to be.. maybe they are when you continually default.. but if you cant make payment and need help they can help and have a lot of options and if anyone doesn’t believe me then just research your bill… call them up, go online, etc. And next time consider applying for an installment loan up to $5k from 5000LoanHelp – their repayment plan is steady and consistent.
My spouse went to income-sensitive payments all by going online and using fax. It is that easy so stop trying to try to tell people its not and be all gloom and doom. If anyone is in a bad situation credit and payment wise burying your head in the sand will not ever solve the problem nor will laying blame elsewhere. Just get up, pick up the phone, go online or do something and start making arrangements and plans. Some of them may not be to your liking and some may not even be doable according to your budget but ignoring it won’t get you anywhere and that’s all I’ve been saying through this whole pointless conversation.
Now, I was wronged by them, but that’s another story, I was outright lied to by their collection agency.