By Anonymous - 28/02/2013 07:19 - United States - Portland

Today, I found that someone had paid off my $16,500 student loan. I was so excited that I called my family and posted on Facebook about how awesome it was. Then I called the loan company and found out that they had just sold my loan to another company; no one had actually paid it off. FML
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Top comments

DerrickJames 33

If it sounds too good to be true then it usually is.

217 0
BlowinChronic 18

I think I would have called and confirmed with the company that the loans had been payed off before getting too excited OP. You kind of set yourself up for disappointment.

153 4

Comments

jiraii 9

who did you think paid off a $16k loan without telling you?

7 0
Nik2B345 5

I wish someone will pay mines. At this time I just act like they don't exist

0 9
spliit_fml 8

Till you get a huge bill....

4 0
Schiffy 18

I'd love to pay mines. They'd make a great currency.

0 3
booboohoney 12

There are deferments and forbearances for a reason... Sure the bill goes up but it's better than the options you have once in default. I strongly urge you call your servicer to arrange a lower pay agreement or apply for a deferment. Unless you are already in default and at that point they will involuntarily take your money.

1 1
odetorj30 1

be careful..be sure and contact the old loan company after the loans transfer to the new company. you may still owe a balance to your old company, and you won't know it until you get a letter in the mail from them threatening to garnish your wages..

4 1
thatsucks4you 7

Who thinks that someone would just pay off an almost 17,000 student loan?

6 1
TheyCallMeDamien 17

Prepare for irritating phone calls.

2 2
FlyingPie 17

People don't suddenly pay off other people's multi-thousand dollar loans.. If someone had done that, you probably would have heard about it.

3 0
lux0rd 18

How did someone this stupid get into college/university to get a student loan in the first place?

5 4
kithless 6

That's a ydi for sure. I didn't even go to college and I know a $16500.00 loan doesn't magically disappear.

4 2
Levvy 22

I am envious of the kind of person who thinks the world is as nice and simple as that.

4 0
theprivateman 1

you should get your money back, college surely taught you nothing... you did have a contract with the original company, you dont have a contract with the new company... you owe company #2 nothing.

0 7
Zebediabolical 39

I'm pretty sure that's not how it works. It's like banks selling loans amongst themselves. You may not know who you owe it to, but you still owe it to somebody.

3 1