Who did she borrow it from, Al Capone?
SignPainterGuy, KDaunt, and just a conservative girl are discussing. Toggle Comments
Notice “… paid faithfully for 23 years:” First, I think that`s a load of hooey; secondly, if the interest rate on the loan is anything like that on loans I`ve had AND the loan carried and interest compounded for over 23 years, then no wonder she still owes a pile ! I`m just surprised that the debt isn`t far more than $45 Grand and that she was allowed to pay barely more than a thousand dollars a year. I`m stickin` with the HOOEY assessment !
Well first student loans are for 10 years not 23. There is no way she made every loan payment and hasn’t paid it off in 23 years. My mortgage will be paid off more quickly than that.
Maybe she’s been making payments using her credit card, with a higher interest rate than that of the loan?
And then making those credit card payments with still other credit cards. It`s all making sense now !
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