privat debt collectors

Scott Cimakosky

$176M In Wages Garnished For Unpaid Federal Student Loans In Just Three Months

Millions of would-be students turn to the federal government in order finance their education, each taking out thousands of dollars in loans. While that influx of funds allows borrowers to seek a better life by obtaining a degree, it also has to be repaid. And when that becomes impossible for some consumers, debt collectors hired by the Department of Education sometimes resort to garnishing wages.  [More]