When you compare how much money a loan servicer makes when a loan is in default to how much their regular fee is, it’s not hard to see how tempting it is for the servicers to tack on more and more fees.
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When you compare how much money a loan servicer makes when a loan is in default to how much their regular fee is, it’s not hard to see how tempting it is for the servicers to tack on more and more fees.