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by cramjabsyn 955 days ago
some are predatory. They are structured in a way that after years of on time payment the principal amount increases

School loans should not be modeled after payday loan sharks.

1 comments

Can anyone show me one of these loan agreements?

I distinctly recall talking to a loan officer when I made my 100k+ student loan, and the paper had in very large numbers, amount loaned, loan duration, per month loan cost, the interest rate, and total loan cost.

I want to see a student load agreement where the minimum monthly payment simply does not create an expected end date for the load.

As just one data point look into navient
I have had loans with Navient. It wasn't anything particularly interesting.
Uhm did you receive your settlement from their class action lawsuit?