Money Question about student lou-ans

MTG#10 · 03:25 PM

My girl is getting her tax refund intercepted because she defaulted on her student loans from 3 years ago. I get that, she should have paid it. But the letter she received lists what she owes as follows:

Principal: $6954.39

Interest: $957.52

Penalty: $0

Fees and Cost: $1925.76

Total: $9837.67

I understand the interest, but how do they come up with the "fees and cost" @ almost 2 G's? It doesn't say what they're for. She's tried calling them twice to get a detailed assessment of how they came up with that number but they still haven't sent anything after three weeks. Something else strange is where it is supposed to show her account number is blank. Does this sound fishy to anyone else or is this completely normal?

03-03-2014, 03:03 PM	Topic Starter
MTG#10 Mammoth penis Join Date: May 2006 Location: Springfield Casino cash: $7424386	Question about student lou-ans My girl is getting her tax refund intercepted because she defaulted on her student loans from 3 years ago. I get that, she should have paid it. But the letter she received lists what she owes as follows: Principal: $6954.39 Interest: $957.52 Penalty: $0 Fees and Cost: $1925.76 Total: $9837.67 I understand the interest, but how do they come up with the "fees and cost" @ almost 2 G's? It doesn't say what they're for. She's tried calling them twice to get a detailed assessment of how they came up with that number but they still haven't sent anything after three weeks. Something else strange is where it is supposed to show her account number is blank. Does this sound fishy to anyone else or is this completely normal? Last edited by Gonzo; 03-03-2014 at 03:25 PM..
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