I have been lurking on this forum for some time now and thank all of you for your valuable information! I have sent PIF letters to all 7 of my PDL's and have suprising heard back from 3 of them within 2 days. I will make another post down the road of my successes and dealing with this company, but first need some advice on which form of payment I should make to repay the principle of my loans that have been agreed upon by the companies to be settled.
I have been offered to repay by certified check, cashier's check, or money order. From my research, I understand that a certified check will include my account number, so I will absolutely NOT be going that route.
That leads me to my question: Should I pay by cashier's check or money order?
It seems that neither method will include my account numbers (which is good). I have seen that a restriction with a money order is that the maximum amount you can use is $1,000 (which doesn't matter in my case because all of my amounts owed are lower than that). So, what are the pros and cons of each method? I just want to make sure that the payment is traceable and I have receipt acknowledging payment.
I appreciate your help!