I saw a similar question on here so I decided to ask my question.
I bought a mattress from a company approximately 120 days ago...
I used Affirm, basically a third party loan company approved by the mattress company to make my purchase. The company had a 120 try out period within which time I decided to return said mattress. The day after I notified the mattress company the mattress was picked up, Affirm contacted me that my loan with them was cancelled and they quickly refunded me the 2-3 payments I made them straight to my checking account (minus their interest).
A day or so later I get an email from the mattress company where the rep informs me that they will need to issue me a paper check for the full amount and that I would have to contact Affirm to stop charging me. To which I rapidly answered "Please confirm that with Affirm prior to mailing anything out. On my end the loan was cancelled." To which the rep replied "confirmed. It has been cancelled."
One week later I get a paper check from the mattress company for the full amount. I deposited it right away and will move to savings. I emailed the mattress company rep i previously asked to confirm before mailing anything that I am confirming receipt and deposit of the check. I haven't gotten a reply.
Question: at what point, if any, am I free to use this money? I was planning to just let it sit there until the shoe drops and just returning. But for how long is too long? Thanks