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    Student Loans: Re: Collection Agency Fee?

    UsedBranFlakes:

    Thanks for your reply. Got no issues with paying the principal and interest, but hoped I might find some way to decrease the collection fee. I will do some reading and see if I...
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    Student Loans: Re: Collection Agency Fee?

    OK, me again. I did some more searching and learned that the debtor is liable for collection costs, and that these costs may be up to 25% of the total debt. The math works out perfectly -- they are...
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    Student Loans: Collection Agency Fees

    In 1982 my wife took out a Stafford Subsidized. In 1989 she took out a National Direct Student Loan. Some attempts to collect were made in the 80s and 90s, when she was not in a position to pay...
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