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Posted: Fri Jan 06, 2006 9:51 pm Subject: I recently enrolled in the dmp |
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I recently enrolled in the dmp with T&C Acceptance.
Can anyone, who is also enrolled in this program, tell me if they have had any problems with the Payday loan companies contacting them at work, etc., after they have made the agreement with T&C?
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dcgraham58

Joined: 01 Jan 2006
Posts: 9
Debtcc Points: 414
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Posted: Sat Jan 07, 2006 10:03 am Subject: |
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dcgraham58
Read some of the other threads in this forum in which people have shared their experiences.
Some payday loan companies mind working with debt management companies in the beginning. But after they receive regular payments from them, creditors stop calling people for their debt accounts.
It is better to call your payday loan lenders and let them know about your enrollment in the program. Ensure that you don't miss your payments set in the plan. The consultant will negotiate with your creditors for offering you some benefits. If you miss the payments, they will be withdrawn permanently.
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ben

Joined: 20 Jul 2005
Posts: 2118
Debtcc Points: 41157
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