Debts should not be allowed to exceed 110% of the original debt.
Excessive fees and high interest rates are predatory and can often keep people in poverty or financial ruin.
From mortgages - to credit card debts - to student loans - Americans are being taken advantage of in a debt based monetary system.
Banks are getting money from the federal reserve system at rates far below market rates, and then in turn they have a monopoly on this money loaning it to Americans at rates as high as 30% interest. Then on top of this they add on large fees to these debts. The current monetary policy of the Federal Reserve system is the epitome of antitrust violations.