Find Student Loan Consolidation

danna.nicole asked:

I received a letter stating my loan application had been approved. The funds had been dispursed to this creditor. I have an application in hand from another source with the same creditor but a lower interest. I NEVER filled out an application. I did fill out something online a while back that was supposed to help find someone to help me payback my loan …. not a loan application. Is this legal? What are my options? I’m not even sure I want to consolidate because my interest right now is lower than the consolidation rate and it is making me pay 10,000 in interest. The loan amounts from this one company that says they already dispursed the amount is almost 500 different than what I owe … like there are some fees associated …. that I am not aware of. Aren’t I supposed to see everything hard copy to review it first before a loan application can be processed? Such as fees and interest rate …. etc?