Hello Forum,
I was happy to get a paid in full email from Magnum at 8:54 am this morning, but then at 12:25 pm, they sent me this email:
This letter is notice that the above loan is now in default. This default has occurred as the result of the closure of your account at xxxxxx BANK. Your non-payment is a violation of the Consumer Loan Agreement and Promissory Note which you signed.
Your account is being forwarded to a national collection agency.