Quote:
Originally Posted by barbara
I hear the horror stories but there is no sympathy here. When they signed their name on the loan papers, they should have been well aware of what they were getting themselves into.
As someone said earlier, we don't get a break on car loans or house mortgages....
As for educators who pay back by working in low income areas..... If that is the deal they made then good for them. The point is..... When you make a deal and sign your name to the contract.... You are obligated to follow through.
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From what I have read these private lenders are really good at providing misleading information to applicants. Mind you I take everything a banker tells mme with a large portion of salt.