Well, it turns out that even after you FINALLY RECEIVE your reissued student loan check, and deposit it into your bank account even though they put the wrong last name on it, and the bank says there are no holds on the check and the money is now available... even then, the lender can make another mistake that means you STILL DON'T HAVE YOUR STUDENT LOAN MONEY FROM JULY!!!!
In this case, they refused to fund the check. So the bank readjusted my balance, and mailed the check back to me. The student loan folks tell me that the Federal Reserve accidentally sent out duplicates of some student loan checks, and although I haven't received the duplicate, my bank hasn't had a duplicate deposit, and the loan company knows all this-- they still refused to fund the check because this was a "duplicate presentment." (Although, I'm sure the govgernment are having no trouble charging me INTEREST on the money I don't have. To help me with basic living expenses while I'm in school. Have I mentioned that I graduate in six weeks?)
Let me tell you, Higher One received the business end of my Mommy Voice yesterday. They have a deadline. And a bank account number. And they will be calling me THIS MORNING with an update that SHOULD include confirmation of a wire transfer.
...third time a charm?
1 comment:
In one word: craptacular.
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