Should I file a lawsuit against this loan company?

Question

I completed a loan application through Think Financial. The loan was said to have been disbursed by December 3 and arrive before December 17. I told the employees of Think Financial that my loan check did not come through and they said they would have to redo the process which means loan comes back to them in 3 days and I have to wait 2 more weeks. I have registration in less than 2 weeks and if I cant pay this bill I wont register and I may risk losing my scholarship because scholarships require one to have completed 24 credits before the end of the school year unless there was a physical injury or uncontrollable leave of absense.

Answer 1

I hate our litigious society. No, don't sue them!

Here's an idea: call your counselor, your financial aid officer, and your scholarship program's administrator and explain the situation. Chances are pretty good they will work with you. Why tie up the court's time and p*ss everyone off unnecessarily?

EDIT: I assume the thumbs down came from one of the breed of parasites better known as trial lawyers.

EDIT II: Ruth, we agree more often than not, but when it comes to this subject, I defer to Dick the Butcher.

Answer 2

A lawsuit won't get your get your tuition paid. Put your energy into getting the money from another source and chalk this up to a lesson learned, never count on any lending establishment to do what they originally say they will do. Something usually goes wrong and there is always a delay in distribution of funds. Never count your chickens until they are hatched.

Answer 3

You're better off taking whatever loan confirmation you have to the registrar and seeing what they can do for you.

ADDED: Uncle Bennito, your second one did, but it was because of your addition, not your original answer--because it was rude.

Answer 4

Unless you can prove intentional deceit on their part you don't have a case. You could have applied earlier and avoided the problem.