Hi Reddit, let me know if I'm understanding the situation incorrectly.
I noticed that in addition to my payments made to my student loan payments, was a transaction called "Rebate Reversal". All the other payments on the page are listed as - $[amount paid], however the Rebate Reversal was a positive amount being added to the Principal, rather than a deduction.
I saw this http://ift.tt/2joEhAu having the same issue, so I decided to call.
Conversation:
Me: Hi. I noticed I had $X added to my Principal added as a Rebate Reversal. I'd like to know why that happened?
Navient: That was one of the benefits you were awarded.
Me: But it added more money into the account rather than deducting it?
Navient: Due to it being a benefit you will receive funds applied to the Principal
Am I understanding the situation correctly or is Navient ripping me off???
Submitted January 23, 2017 at 08:33AM by itechkhaleesi http://ift.tt/2jhh59A
3 Comment
I also have this! I wasn't sure what exactly it was. I feel as it is a SCAM! will need to look further into this!
I read that Post and got it fine and informative. probate loan
Thank you so much for the post you do. I like your post and all you share with us is up to date and quite informative, i would like to bookmark the page so i can come here again to read you, as you have done a wonderful job. https://slickcashloan.com