Loan Balance Reported Wrong

[Anonymous]

I recently took out a loan to consolidate some high interest credit card. The amount was around 5100.00 when the company reported it to the credit bureas the balance showing is what i will have paid after the life of the loan at 60months.So it apears i borrowed alot more than i did.Any help or advice would be appreciated thanks.

[Anonymous]

Call the lender and tell them that they aren't reporting the correct balance.

Message Edited by HouseHunter on 08-19-2007 09:31 PM

[Anonymous]

Call them & order a pay off for the loan.   They will tell you the amount.   I best there was some closing costs in the loan that you were not aware of.