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0 Replies Last post: Feb 29, 2008 3:18 PM by frustrated

Old Student Loans - Legal advise

Feb 29, 2008 3:18 PM

Click to view frustrated's profile Professional frustrated 3 posts since
Feb 29, 2008

I have an unpaid student loan from 2000. The loan was for $625, I contacted the collections agency to see if we can settle but they said that they are not allowed to settle. Does anyone know if this is true? Now they want me to pay a total of $1232.58 for interest and collections fees. I don't mind paying a small penalty, but do I really have to pay the full amount. Can someone please advise? I am really frustrated with these people.
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