Title: sold notes
Post by: mrwhizzard on April 11, 2017, 11:00:00 PM
Post by: mrwhizzard on April 11, 2017, 11:00:00 PM
For some reason, I have trouble interpreting the note details for notes which have been sold after charge-off. Here's a recent one in my account:
Which number is the amount of the recovery? I think it must be the $5.74? It seems confusing that under the "borrower payments", it shows a "recovery" payment of the full amount ($26.35).
Which number is the amount of the recovery? I think it must be the $5.74? It seems confusing that under the "borrower payments", it shows a "recovery" payment of the full amount ($26.35).