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General Revenue Corporation Usurer business Fishers, Indiana
My daughter moved to Europe right after college and because of communication problems, her student loans were turned over to GRC. On top of the regular 6.8% interest rate, GRC is charging 19.5% for the first 9 months of rehabilitation, after which they are lowering it to 18.5% for the reminder of the loan. How can they legally get away with it?This is usury! A person has a hard time making payments due to low income and to"help them out" they are charged almost 20% interest?