Loan Dispute
Last year, I applied for a student loan
from [name of company] and was
denied. I then went on to receive a
different private loan to pay for
school. However, about a month into
the school year, I received $27,000
worth of funds to pay for school. I
never got a letter or anything, and I
assumed it was a grant. About four
months later I got a letter from
[name of company] saying that
interest had accrued on my loan.
They dispersed funds to my school
without my consent or knowledge for
three months. I never signed a
promissory note, and never even had
the option of turning down the loan.
I want to know if I am still legally
obligated to pay [name of company],
or if what they did was illegal.