I withdrew from school back in march and have been working\living in the same town. Back in june I decided to follow a co-worker of mine to the school's cashiers office, he went to make a payment, I went just to stretch my legs. Anyways while I was there I though I'd get a printout of the loan balances from my undergrad. When I did that they informed me that one of my balances had been sent to collections and that all correspondence on the matter had to go through the collection agency.
I had never gotten a bill or notice in the mail about this. Despite having my current address, phone numbers, e-mail, as well as my co-signer's info, they had managed to not tell me about this delinquency until I wandered in on my own.
I found out later that a letter was sent to my mother's house but there were no bills and the amount differed quite a bit from what the CA requested
Fast forward to today I payed off the amount back in september, the collections agent had told me that paying it off 35% upfront and then the rest, it would not be reported in my credit report. Imagine my shock when I obtained my credit report and saw it right there big as dallas!
My credit rating has also dropped significantly as a result of these shenanigans, Im wondering if there's anything I can do? I'm worried it's probably too late to do anything and I might have myself over by paying up immediately.
- Account sent to collection without notice despite having my correct contact info on file
- CA lied about collection action showing up on my credit report.
- Amount in collections differed greatly from initial debt.
- Letter says 1424.41 while I ended up paying over 4k
- Worried it's too late to do anything other than complain.