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Personal loan and usage of consolidation funds.


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I just recieved three checks to help consolidate bills. Two are made out to me & Citi. The amounts the lender made to pay off these accounts is over my true debt. Can I cash these checks because my name is on them or must I forward them to Citi?

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Citi will have to refund to you any money over the amount you owe MINUS interest fees if you are paying the bill off early.

Unless your loan company got payoff dates that are in lines with the Citi.

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