Posted by Notarysigner on 7/26/13 12:11pm
Msg #478130

What does this statement mean...?

Yesterday I inquired about payment for a loan signing I did where funding and disbursement occurred on 6/24th This is the reply I got today.

" Payment was received and processed out to the bank today. "

Is this code for You're being stiffed?

Reply by Lisa Cirillo on 7/26/13 12:23pm
Msg #478132

I would call back and get clarification. Ask the simple question "when will I get paid". You're sure to get a straight answer with a straight question. I hope.

Reply by JanetK_CA on 7/26/13 1:54pm
Msg #478142

With a little luck, maybe it means that they do automatic bill pay and that they have payments already set up in their account to go out once they've received the funds. One can hope, at least...

Reply by Notarysigner on 7/26/13 4:44pm
Msg #478160

I was imagining something similar but the loan funded on the 24th (June) and this was a TC in Texas.

Reply by NVLSlady/VA on 7/26/13 5:49pm
Msg #478174

You need to ask . . .

Whose Payment - Yours OR Mine??

Can't imagine they were holding their own funds all that time, but who knows!