Posted by MBCA on 2/20/06 9:23am
Msg #98361

Western Union, No Longer Sending Telegrams?

I've just been to the official website and there is a message saying they'll no longer send telegrams just money transfers, effective January 27, 2006. I was just wondering how borrowers will now cancel their loans at the last minute if they decide not to go forward. The time and date of cancellation is on the telegram. Does an e-mail carry the same weight? Some people (believe it or not) don't have computers!

Reply by Charm_AL on 2/20/06 9:30am
Msg #98363

I've never thought of sending a telegram to cancel. I would simply make sure the letter is post marked before midnight of the third day and send it certified, sig req'd.

Reply by Raimond on 2/20/06 9:37am
Msg #98365

I have always planned on Faxing it in with a phone call and e-mail to back up each one.

Reply by MBCA on 2/20/06 9:39am
Msg #98366

Your right Charm, but I've had RTCs stating on the forms the borrowers should send a telegram if they want to cancel at the eleventh hour. Maybe I'm worrying too much about nothing.

Reply by MBCA on 2/20/06 9:48am
Msg #98367

Evidently there are other companies who send telegrams! I've just never thought of anyone else in the business.

http://1-800-prioritytelegram.com/

Reply by Beth/MD on 2/20/06 2:10pm
Msg #98430

I never would have thought of sending a telegram, either. I'm sure most just use the postmark or a fax or something that can insure the date be marked.

Reply by Mike_IA on 2/20/06 10:38am
Msg #98375

You are worrying too much. This isn't your problem. n/m

Reply by MichiganAl on 2/20/06 10:02pm
Msg #98493

Oh, great, what's next? Shutting down the Pony Express?

n/m

Reply by Glenn Strickler on 2/21/06 4:08am
Msg #98505

Re: Oh, great, what's next? Shutting down the Pony Express?

77% of the money they send goes to Mexico. Think on that for a minute.