Navigation

payday loans and credit report help please.

Message Author
PostPosted: Wed Sep 13, 2006 11:30 am Subject: payday loans and credit report help please.

I paid some payday loans off that I owed and in paying a few more off all of a suddent the price seemed to jump hundreds more than what I owe. I sent a debt validation for them to verify I had to go car shopping over the weekend because my car bite the dust and then they showed me my credit report and some of the payday loans were on that. Can they do that.
raffi



Leave a quick message for raffi
Joined: 17 Nov 2005
Posts: 114
Debtcc Points: 2786

PostPosted: Wed Sep 13, 2006 12:43 pm Subject:

I haven't understood you! Did the payday loan company report in your credit report or some debt collector reported for your payday loan accounts. Usually most payday loan companies don't report to the credit bureaus but there are a few that can.

Collection agency needs to validate the debt they got from the PDLs. If the PDL company is reporting in your credit report, ask them to give your loan statement to revise the charges. Your state must be having some laws on payday loan interests and fees.

Christina

Christina

Leave a quick message for Christina
Joined: 13 Jul 2006
Posts: 443
Debtcc Points: 6429

Quick Reply
Your Name
Subject
Message body
All times are GMT - 7 Hours
Page 1 of 1

 
About Us | Contact Us | Privacy Policy | Testimonials | Sitemap | Espanol | Media Kit | Terms of Services Navigation
Hacker Safe   Member of IAPDA   DnB Listed