76 Feds will start seizing the pay of defaulted student loan borrowers. (www.cnbc.com) posted 181 days ago by BerlinWallCrosser 181 days ago by BerlinWallCrosser +76 / -0 Trump administration to start seizing pay of defaulted student loan borrowers in January The Trump administration will start garnishing the wages of student loan borrowers in default in early January. 47 comments share 47 comments share save hide report block hide replies
That I agree with as long as it doesn’t come out of my pocket.
But it will. They took the loan, they need to pay it.
Definitely, it should not.
You borrow money, you pay it back. Tell a bank that you’re going to stop making car payments and see what happens.
They are predatory lenders, so I don't think typical rules should apply.
The rules are in the contract that you sign for the loan.