Platinum B Services

I just spoke with Jeff of Platinum B Services who says that SJM Marketing Corp funds their loans. Has anyone ever heard of this company? I got a loan for $200 I hope to god I don't end up like the other person who posted a note and said they ended up having to pay double that amount back.

Deles,

People have been facing lots of troubles for these companies. They are not recognized uniquely, seems that Platinum B and SJM Marketing are related somehow.

Please go through the forum discussion on Platinum B and SJM Marketing –

http://www.debtconsolidationcare.com...marketing.html

http://www.debtconsolidationcare.com...platinumb.html

I am appalled at this company. I realize that I share some of the blame. But I am still amazed at the unscrupulos behavior of this company. According to this company, I took out a loan with them in late August, $300.00, finance charges of 90.00 every two weeks. Due to Hurricane Katrina, my financial and emotional life has been a nightmare since I lost my home etc. Unfortunately, I am just beginning to take control of my financial issues. This company has been debiting my account for the $90.00 since August. Since I did not have copies of my bills, I did not know how to contact them. But I kept thinking this must be the last payment. Finally, I contacted PlatinumB today, and was told I had not paid anything on the principle, all I was paying was the interest.

dupped,

This is the problem with short term loans. It seems that you have lost the agreement papers also. Try to get some idea what was there in the agreement papers. If $90 covers only the renewal charge and interest, then you might have to pay the principal.

Stop this cycle; try hard to repay the loan. Unfortunately, you do not have any other way. Contact them and try to settle it ASAP.

debt consolidation companies generally do not work with payday loans, however, you can see the thread below to get some more information –

http://www.debtconsolidationcare.com...onsolcomp.html

All of these groups fall under 1st National Bank of Kansas. Here are there numbers.. 800-962-3503 or 913-266-9090. This is the information my bank gave me and I googled the bank info for the website... The original number that my bank had gave me no answer or machine. I have had n nto issues as of yet and hope I dont run into any but I hope this info helps anyone out there ..> Good luck to ya all....Renee

You wouldn't call the bank to make payments on this loan. That's just where this company banks at. If you have questions, or concerns, about your loan you need to call them directly. The number has been posted several times on this sight, and it'll be posted one more time right now. The number is 866-722-2770. Dial 0 to reach a representative. I've never had any issues getting through, other than once in a while I may have to leave a voice message and they'll call you back. That's probably the other problem a lot of you people have, you don't want to leave a message. You can't expect them to be able to answer ever call every time the phone rings.

had the same call from people you can't understand and then the so-called supervisor hung up on me. I was told about 6mos or more that I was paid and that they no longer would give loans to people that were paid only once a month, so since I was paid I did not worry about it any more. Now they are coming back and saying I owe 519 and threating me. Then calling me a liar and that I should have contacted pb which I said why would I if I was paid up. But they just kept interrupting me and being very rude.

Hi Beth,

Record the conversation if your state laws permit. Then file complaint with FTC. See this page for more help-

http://www.debtconsolidationcare.com...rdconvers.html

I'm not following, what same call is that??

same call as what, I should ask??

Guest,

Have you received any call from platinum B? What was the purpose of the call? Can you please clarify your query?

What is the number? They sent some supposed over due loan I had with them to collections.

How do I not let this affect my credit?

Natalie,

Welcome to forums

First, make sure that the amount they are claiming is correct. Ask for debt validation, send letter through CMRRR. See the process of debt validation here-

http://www.debtconsolidationcare.com/validation.html

If they are able to validate the debt, go on with negotiation and insist them to report it as paid in full. You can contact them at-

Platinum B Services
3600 Forest Drive
P.O. Box 5757
Columbia, SC 29250

Visit this forum page for more information-

http://www.debtconsolidationcare.com...platinumb.html

The number has been listed several times!!! If i could put in here in brail, i would, but i can't. If you look back at the history, you'll find the number 866-722-2770. Dial 0 for a representative. Thank you.

i had a loan with platinumb i thought it had been paid out because i had not been contacted by them. i received a call from a investigator today saying they were pressing charges with the nc state attorney's office for fraud. they gave me until 10:00am tomorrow to send $800.00. I asked for them to give me 7 days because i work for the state and get paid on the last work day and they refused. is there anyone i can call?