This is to all those who are lecturing us about paying our creditors. First of all, I realize that there are some out there that intend on not paying back the loan, but that is a small percentage. for most of us, these are emergency situations at first, then because of the loans payback we end up in a hole that we can not get out of. Even though we have made every effort to work out agreements, pay slowly, etc..they have no right to call me at work and talk to me like a four year old. To threaten my job, and give me an hour to come up with the money and tell me that I must have dozens of people that I could call to get the money. If I had dozens of people to ask I would not have had to do the loan in the first place. They managed to tell me that I would be embarassed in front of my employer when they begin to garnish my wages and perhaps lose my job over it, because most employers will not tolerate those who default on loans because they can't be trusted. And to be clear let me tell my story, not that I owe it to you, but here it goes. My husband is currently serving his third tour in Iraq. As happens from time to time, paperwork got messed up within the Adjent General's office and my husband's pay was not processed, and with no way to get in touch with him right away, I found myself in a bind. the house payment was overdue, both cars broke down, daycare had to be paid or I could not go to work. I did the loan and paid it back as soon as I received my check, but then I had to do another loan in order to live until the next check or his pay came through whichever came first. I have always had excellent credit until this. These loan companies charge these fees in hopes that you have to continually borrow. You are in a constant state of panic. When my husbands pay finally came through, I had defaulted on my latest loan by two weeks. I did contact them to make them aware that I was going to pay it the following month on a certain date, I then started to receive calls from them asking me why I had not paid the loan, again I told them that I had to wait until this date to pay it, I was then told that I would have to go through the collector that they were sending it to. A week goes by and today I received a horrid call from LMP at my place of business telling me that I purpossly defaulted on the loan and I had until 4:00 PM to pay the collector or they would garnish my wages etc...I then looked the company up on the internet and found this site and many like it that had to do with this company. Thanks to this site I now know my rights. When I called them back to get an address, I never got it from them, all I got was what do you want? why do you need the address. Then I asked to speak with the man who called me before, they transferred me and I told him that I wanted the address and a detailed statement of the debt so that I am sure it was going to a legitimate collector. He assurred me they were, but still refused to give me the address. Anyway, to make my long and drawn out point, don't assume that those who have not paid these loans back are just losers. I truly think that most of us intended to pay these loans back and want very much to get this out of the way. So, back off find your own site to b*tch about us. If I had not found this site and those who have been through the same thing that I have I would have had a nervous breakdown from the threats and intimidation that these people seem to dish out with ease. It is illegal, plain and simple. What we have done is just try to live.
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