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Does anyone here deal with the pay day lenders on their own rather than working with T&C?
I was supposed to send the T&C a retainer fee which I have not done yet because I have been working with companies whom I defaulted myself. Most of them are cooperative and willing to work out some kind of arrangements. Some of them (Nationwide, CTC, and Rio Resources) were uncooperative but I feel I can take them on with what I have learned around here. Will it be more benefical for me to consolidate the loans with T&C or deal with the lenders myself?

I would like to have your inputs. Thanks!

Posted: Wed May 31, 2006 6:31 am Subject:

I think it's a personal situation, if you feel like you can deal with them on your own go for it. I knew with the large number of loans we had that we needed someone to help us (plus we had other things like credit cards also). I know there are people on here that have dealt with them on their own but I really felt like I needed someone to work with us. T&C is not a consolidation company either, they are only a debt management company. I really like having the option of calling them and having them call a creditor so I don't have to myself plus if we dealt with them on our own we would still be getting phone calls but since we are going through T&C they don't call us, they call T&C. It's up to you but I really like the comfort of T&C. Just my opinion.

Posted: Wed May 31, 2006 7:12 am Subject:

I agree with Sue. If it waswn't for T&C we would still be way in over our heads. Most of the lenders I had with T&C took lower payments than what they were taking when I was dealing with them on my own. Now I can answer the phone and not worry about who is on the other end, no nasty letters in the mail box anymore. I have had very good luck with T&C.

Posted: Wed May 31, 2006 7:17 am Subject:

Sue, I thought T&C was a consolidation company as well. I may be mistaken.
I use them too, but I think I may have gotten the same results from dealing with the pdl's on my own. The only thing I don't care for with T&C is that they've accepted proposals for higher amounts than I'm able to afford from the pdl's, and didn't let me know.
But now that I've been using them, I don't get any phone calls from anyone anymore and just continue to send my payments in.

Posted: Wed May 31, 2006 7:20 am Subject:

Thank you very much for your opinions, Tammy and Sue. Much valued! Smile

I think the thing with me is I am deaf and I rely on the relay system and caller id to make calls. The lenders had hard time getting of hold of me and they despised using the relay system. So I am the one to call them and make arrangements. (CTC is vry willing to use CTC and they had to play nice because of third party employed by the federal government interpreting for me....must be why they refusd to disclose some information) My references (my mom and my step mom) were warned in advance about the calls, and they were very good about it. They let me know who called and for some very harrassing collectors, they told them they do not know me. Left them alone since then. My client (I am self employed) were warned as well about the potential calls and she told me that she got a couple already but due to her office policy, she had to let them know that I do not work at the office but off site as an independent contractor. Since then, the calls lessened but I do call them. So in an aspect, I am lucky when it comes to phone calls. I am trying to stay on the top and I am keeping the option of T&C open in case I got way in over my head and need help.

Thank you for sharing your experiences. I can not tell you how many times I really appreciate you all....without you all, I'll be in a deep doo doo.

Posted: Wed May 31, 2006 7:21 am Subject:

They are a debt management company, believe me I've heard Jessica tell more than 1 person that more than 1 time. T&C won't accept higher payments without letting you know that I know of so I'm not sure why that happened to you, I would check with them -- it has not happened to me. I like the part about not getting phone calls, that's really nice.

Posted: Wed May 31, 2006 7:26 am Subject:

To all that is with T&C. If you have any problems, ask for Jessica or Jennifer. They are awesome and they nail the creditor and make them back down to what was agreed upon. They put an end to the problem.

Posted: Wed May 31, 2006 7:36 am Subject:

I guess it's just me and my luck that I'm not getting the notices from T&C. When I call, Jessica's not always available.

Posted: Wed May 31, 2006 7:40 am Subject: T&C....

Would someone be able to give me to contact info to T&C? Please PM me. Thanks so much!!

katie · Posted: Wed May 31, 2006 8:58 am Subject: t&c

ME TOO! I desperately need their phone number! Please PM me wth it.. I cant find it anywhere

childofgod · Posted: Wed May 31, 2006 9:19 am Subject: in over my head

initially i started out with 2 payday loans after i was already in debt i assumed that this would help me get ahead. After i got 5 payday loans i got lost and started getting others to pay off others to be able to pay other bills other than payday loans now i honestly dont know how many i have although i have paid off 2 those were the ones that were the most cooperative. At this point im just lost and need desperate help in organizing payment arrangments. please anyone respond immediately very desperate for help with this.please post contact information for T&A.

Posted: Wed May 31, 2006 11:56 am Subject:

katie, childofgod..Register in this site for a free counseling. One of the counselors will speak to you and discuss about your accounts. You can also call up the customer care number (800-601-1579) and seek info.

boppinmama, have you received the call from the counselor? If not, you will hear from someone soon. Get all the account info, monthly statements in hand for reviewing with the counselor.

Posted: Wed May 31, 2006 12:01 pm Subject:

Saphire..
I did deal with all my payday people on my own, I never used a consolidation company. It was cheaper for me not to.. I had 6 loans, and I was able to work out arrangements with them all. I never had harassing phone calls or any major problems at all. None of my loans were over $300, and I had paid several times over on a few of them, so I did end up getting refunds on 2 of them. Right now things are really going well...I only have 1 left to pay. I even managed to keep my credit score semi-decent.
I do think, though, that if my loans were larger and I hadn't already paid so much on them, I would've benefitted from T&C.

Posted: Wed May 31, 2006 12:53 pm Subject:

I think I have stated this before on another thread. But in my case not having to personally deal with the creditors and pdl's and letting T&C do it was a much better situation for me. I already had enough stress and drama going on in my life and that would just have added more. So I agree with the others it is a personal decision based on what you think you can handle on your own.

Posted: Wed May 31, 2006 1:17 pm Subject: T&C

I have my payday loans with T&C right now. None of them signed or agreed to the paperwork. But, they have no problem taking the money. T&C is sending very small payments. They stretch it out over 2 year span. Now, I find that my loans that are with T&C, I might be due a refund due to my state usury law. So, I am thinking about pulling them out of the program and sending a letter asking for a refund due to me paying so much to them that I now could have paid the loan off twice over. You may want to think about doing this on your own. I pulled out two right after my program started and paid them myself also. If you can do it yourself, I say go for it. At least you will know whats going on. I had to follow up with T&C a couple times a week and thats how I knew that none of my payday loans did not return the paperwork back to T&C. Also, another thing to watch out for is, one of my loans went to a collection agency. I sent T&C the letter and they started to pay the payday loan AND the collection agency. I had to tell them twice that it was the same entity.

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