I get home last night to find a letter in the mail from NCO Financial regarding the $2500 Perkins loan that I took out in college. I have been repaying the school since Sept. They cashed my check for Sept. As I was reading the notice, I thought there was some sort of mistake so I checked my financial records for the 3 other checks that I wrote to the school (for Oct, Nov, Dec each for $170). THOSE CHECKS WERE NEVER CASHED! I just got off the phone with the school and I am going to send them a check for $510 return receipt (the money is just sitting in my checking account)and put a stop payment on the other 3 checks. They stated that they will reverse any late fees and pull my account immediately from NCO. Thank God! I have heard so much bad stuff about this agency. I pulled my worthknowing report and on 1/2/01, they posted a HARD inquiry on my report! :-( Makes me sick! My college also stated that after I send them the $510, my next quarterly payment will be due in March and that notice will come from EFG Technologies (I got a notice from them too but I thought they were a collection agency also). My college stated that EFG handles their billing, etc. of their loans. Didn't know that....oops!