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anshu · Posted: Tue Apr 05, 2005 1:59 pm Subject: collection's threat

i'm an international student. my school loans have been sent to a collection agency. i have not been able to make payments regularly so the collectors have been threating me for legal action. i can make small payments but they want the entire sum at once. what can i do?

Posted: Fri Apr 08, 2005 12:28 am Subject: FDCPA is the answer

Hi anshu

According to FDCPA, collectors cannot threaten you for collecting payment from you.

Neither can they put pressure on you to make the entire payment at once. If they continue to harass you regarding your school loan , you can take help from legal authorities & take them to court.

For a student loan no collection agency can force you to repay the entire amount. It is within your rights to pay back the loan in small installments as long as you keep making regular payments.

However , since you are an international student you might not be eligible for same level of protection from FDCPA law. You can get this clarified by contacting a local attorney.

Hope this will help

Best of luck
thirdeye