The Mudcat Café TM
Thread #113735   Message #2420836
Posted By: Donuel
23-Aug-08 - 04:06 PM
Thread Name: BS: splurged with economic incentive money
Subject: RE: BS: splurged with economic incentive money
No splurge for me.

My wife and I got no economic incentives= checks. They were seized by an unknown bank to go toward a student loan.
Banks are allowed to sieze your IRS refund for any outstanding student loans that they have bought, but I did not no they could take your economic stimulus checks too.

It turns out I had $230.00 left pay off the sstudent loan when I moved and lost touch.
The loan was sold innumerable times from bank to bank all adding fees and higher interest rates. They now claim I owe $54,328 dollars and change.