Loan accidently Stamped Paid

I took out a personal loan last week for around $7000. I got a call from the loan company yesterday saying that the made a mistake on my paperwork and I had to come back in and re sign everything. The said they would give me an extra $500 and another month of free payments if I did so.

Today I got my loan copy in the mail, and It had stamped on every page, "PAID." I have not made any payments on this loan so far, and I have already cashed and used the money for what I needed.

My question is, do I have to pay this loan now that they have stamped it "Paid." what will happen if I dont go in an resign a new loan. I just dont want my credit to get hurt?

-seth

You still do need to pay. If they go to court the court would make you pay when it is an obvious error such as that.

any other adivce or is that pretty much my only option?

[randalljd]

if it is a clear error that is the rule.