From: Keith Fitzsimmons (kfitzsim@kumc.edu)
Date: Tue Jan 28 2003 - 17:07:19 EST
>>> Linda Winslow <lwinslow@clarku.edu> 01/27/03 11:08 AM writes in
part>>>
It was my understanding that it was a Federal Law that Collection
Companies
could not allow a borrower to pay off their student loans using a credit
card... this is illegal?
Linda:
Below is a response from one of our third party collection agencies,
Credit World Services of Mission, Kansas. Hope is it helpful.
Keith Fitzsimmons
Univ of Kansas Medical Center
<schappel@creditworldservices.com> 01/28/03 12:48 PM >>>
Keith,
I haven't ever heard of this rule before. Could someone let us know
where it came from? We, like all other agencies that I know of, accept
credit card payments. If you have a source, please send it to me and
I'll check it out for you. Shirley
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