The mentality of our so called late 20th into 21st century new 'capitalist' system established to feed much more to the top few percent with greater and greater destruction of what had once built an envied and innovative society! Those in that extreme minor percent are also reaping wealth from the wars of choice they fully support with no concern to those sent into even while the occupations continue! One political party, with some help from some of the other, does the shilling for these few!
Citibank calls "mandatory forbearance" of loan a benefit.
Elizabeth Flores, Star Tribune: Capt. Lyndsey Olson, a National Guard member from Minnesota, has accused Citigroup of violating a law designed to protect active military personnel from excessive interest on loans.
February 21, 2011 - Capt. Lyndsey Olson had little time to organize her personal finances during her year at the Joint Base Balad in Iraq, which was hit so often by mortar fire that soldiers called it "Mortaritaville."
But Olson claims that Citibank made a difficult situation worse by illegally altering terms of her student loan.
Now Olson, a member of the Minnesota National Guard, is suing Citibank in federal court in Minneapolis, accusing the bank of penalizing military personnel by placing their loans into "mandatory forbearance," which can add hundreds of dollars in interest over the life of a loan.
"Why penalize people for serving their country?" asked Olson, 34. {continued}
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