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  • Thanks for the student loans!!! | 11  

    To: John G Stumpf, Wells Fargo
    Hello, I'm a slave to my Wells Fargo student loans. I know I have very few rights regarding my student loan, I'm stuck with it, and that's that. I have put some in forbearance and I've had them in deferral. Right now I'm in grad school so at the moment I'm not paying for them. I am always afraid to look at them, but last I remember my interest rate was around 12%. Yeah, that's not so good. I just refinanced my house and now my mortgage is actually less than what my monthly payment will be. Before I started grad school I had open heart surgery and lost my job. I had to pay for those loans with my unemployment, I had nothing left. Every cent went to you. You didn't force me to get these loans, a few unfortunate events in my life while in undergrad forced my hand but I think if I would have known what my payments were going to be, what I'd get paid after school, and the job forecast, there is no way in hell, I would have dropped out of school. Perhaps you can implement more policies to help people when they are having a hardship, and perhaps you can better educate students before they take out private loans from your institution. Oh and you recently bought my bank, so I guess congratulations on that.  I'm making you rich and you are making me poor. Thanks. 
    Love,
    Michelle
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