refund from CA???!!!!

Discussion in 'Credit Talk' started by frankowes, Sep 30, 2002.

  1. frankowes

    frankowes Well-Known Member

    got home today and checked my mail. One envelope, my name and address hand printed. No company name in the return address. Open it up. Saw a peice of paper with the collection agency name on it that I went thru my student loan rehab with. Thought it was a reciept or accounting statement. It was a refund for $550.00 FROM THE COLLECTION AGENCY! Guess I overpaid one payment. My rehab finished July.

    go figure.

    for a collection agency they really weren't that bad. Guess because I could pay.

    later.
     
  2. picantel

    picantel Well-Known Member

    did they refund the interest? If not turn the balance over to another CA to collect on.
     
  3. frankowes

    frankowes Well-Known Member

    for the amount of interest I'm paying i probably should!
     
  4. Butch

    Butch Well-Known Member

    I'm actually working on that.

    lol

    How long did they sit on your money?
     
  5. frankowes

    frankowes Well-Known Member

    maybe a little over a month. As soon as my rehab was up I got a letter in the mail from nelnet saying they purchased the loan or whatever. At about the same time I got my monthly letter from the CA saying they were going to deduct my payment from my checking account. I called up the CA and asked them why I had to pay them another payment if my loan had been sold. They said they hadn't been paid off yet. So I paid.

    Not only that but the balance on my nelnet statement is about 1000.00 less than my last statement from the CA.
     

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