By in Business

Paying off your debt

Ugh i dont get it. I think debt collectors are just money hungry and out to get as much money from you as they can. I have a debt for a college that i went to and the bill was $2100. I have been making my set payments of $20 each month for basically a whole year now and i just called them today to see what my balance was and its still $2023. How in the world do they expect for you to pay your debt off when they want to push more and more interest onto it? I could see putting the interest onto it if you miss a payment or something but my gad when your making all of your payments on time that just makes me seem like that money i put towards the bill is just being thrown out a window and not accounted for. Makes me mad work my butt off to get them paid and find out i basically still owe the original amount!


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Comments

Scorpie wrote on November 4, 2014, 3:10 PM

Before you sign up for a loan it is best to know the terms. People who lend money do it with the intent of making profit.

LeaPea2417 wrote on December 21, 2015, 1:49 PM

I have credit card debt I am still paying on after five or more years. It is so hard to pay it off. I feel like a slave to the credit card company.