Re: USERY

Posted by J Kelly (151.197.46.2) on May 18, 2004 at 22:28:02:

In Reply to: Re: USERY posted by Paul on May 18, 2004 at 22:22:58:

Well here is the story. My son was just notified of a Perkins loan that he was not aware of.(same thing happened to my daughter) The original amount of the loan was 750.00, it is now up to 1350.00. My daughter's loan was 800.00 (and something) but she is only paying the CA 250.00. Daughter was sick, did not pay any of her student loans for a long long time. Started paying College Foundation, and it was all cool. Now son, who also thinks he is paying has this drop out of the sky. I am just wondering why the difference in the interest rates between the two loans. So, I thought of Usury.

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