Question : What happens if I paid off my entire student loan but they still applied my tax rebate to it?
I paid off my entire defaulted student loan at the beginning of this month. I even received a paid in full letter. But today I just got a letter from the IRS that my $600 was applied to that loan by offset!! Apparently there wasn't enough time between when I paid off the loan and then getting my rebate. I just tried to call the Missouri Department of Education, which my loan is through, but they are closed for the day. Does anyone know if I can get my $600 back??? :(
- asked by little buddy
All Answers:
Answer #1
You are going to have to contact FMS, or theFinancial Management Service. They are the onesthat actually collected the money from your taxrebate. (800) 304-3107 If you can provide proofto them, they should be able to get your moneyback to you, if they haven't already forwarded themoney to the State of Missouri
- answered by T Taylor
Answer #2
You'll get your money eventually, but it will takeawhile to sort out the paperwork. Try your callagain tomorrow.
- answered by Judy
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