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A comment on Defrauded students to receive loan forgiveness. Parent comment

Re:Defrauded students to receive loan forgiveness by dragonwriter on Friday March 19, 2021 @07:06PM (#26519076)
> The problem is with other loans there’s collateral the lender can sieze like a house or a car.

No, other unsecured loans that are neither federally-backed nor endowed with harsher bankruptcy discharge terms exist.

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Re:Defrauded students to receive loan forgiveness by HideousKojima on Saturday March 20, 2021 @04:15PM (#26525785)
Yes, usually with much higher interest rates and much lower borrow limits, like credit cards.
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