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College > Financial Aid > Can A Bank Cons...
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Can A Bank Consolidate My Loans Without My Approval?

by keelie@[EMAIL PROTECTED] Jan 1, 2007 at 10:03 AM

Hey all,

I've recently had Wachovia sell my loans (2 of them) back to ACS.
Imagine my surprise when I signed on and saw they only list 1!  After
thinking they somehow lost one of my loans I noticed that what they had
done was just consolidated both of them!!  Without my approval!  This
is particularly alarming since one of them was getting relatively low
and thus was not ac***ulating interest very quickly.  Is it legal for
them to do this?  I have never asked for my loans to be consolidated.

Thanks.
 




 2 Posts in Topic:
Can A Bank Consolidate My Loans Without My Approval?
keelie@[EMAIL PROTECTED]   2007-01-01 10:03:59 
Re: Can A Bank Consolidate My Loans Without My Approval?
Steve Blank <steve@[EM  2007-01-01 18:59:25 

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tan12V112 Sat Aug 30 1:23:32 CDT 2008.