Student loan consolidation?
I applied for rates with 3 banks to get the best offer for student loan consolidation. About 60 days passed and I received a payment booklet from BofA. They had paid my student loans and began charging me at a higher rate than I had before. I never agreed nor signed a promise to pay or anything – just filled out an online application. What do I do now? They are on my credit report, they are charging me, I have not paid them anything. I don’t want to as Chase offered me a better deal. I asked BofA to provide me proof that I owe this debt yet they have not. Its for over $30k. Since I never signed anything (just did the online application) do I really owe them anything?
Have you tried websites such as https://www.bills.com/studentloan/loan/
You can get quotes from multiple lenders. I think you can get a much better rate that way. these big banks are always a pain to deal with.
I would give it a shot. Whats more…its free!
