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<blockquote data-quote="AppleCori" data-source="post: 751299" data-attributes="member: 16024"><p>I had no idea this was happening. </p><p></p><p>It is very sad that the law allows for such predatory lending.</p><p></p><p>I knew it happened with credit card debt, but people can eventually declare bankruptcy to get out of that debt in a worst case scenario, when there is no possibility that they can pay it back.</p><p></p><p>I thought Social Security was safe from garnishments. I had no idea retirees were still paying on student loan debt.</p></blockquote><p></p>
[QUOTE="AppleCori, post: 751299, member: 16024"] I had no idea this was happening. It is very sad that the law allows for such predatory lending. I knew it happened with credit card debt, but people can eventually declare bankruptcy to get out of that debt in a worst case scenario, when there is no possibility that they can pay it back. I thought Social Security was safe from garnishments. I had no idea retirees were still paying on student loan debt. [/QUOTE]
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