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I borrowed $1,800 in 1994.
Defaulted.
in 1997 my loan debt was bought and a $1,000 collection fee was added on. Total debt was $2,900. Collection called and said bad credit blah blah. Send us $1,000 immediately or we will ruin your credit. Make payment arrangements or get bad credit.
Freak out. Send $1,000.
Never hear from company again.
Student loan is sold 7 times over 8 months. Each company adds on $1,000 collection fee.
9 months later collection company, different one, calls. You owe $7,900.
mfw my loan was $1,800.
tell them to go get fucked.
government takes my taxes from 1998 to 2015. every year. no matter how much i get back.
wage garnished $42.50 from 2001 to 2002 24 months. thats 1,020.
current year 2016. still owe about $1,800.
i think i have paid about $35,000 total on a $1,800 student loan.
