[Cool_Abyss]

A "wage assignment" is a voluntary document that can be revoked at any time. This may have been included in any documents that you may have signed when applying for the loan. They usually will sneak one in as their backup plan, you can never be too sure with a PDL compnay. This is way different than a garnishment.

So this is why you want to revoke them just in case you may have signed one. If you do not it can be sent to your payroll department without you knowing and they can do damage to your paycheck.

The correct process is to draft a letter send it to your payroll dept FIRST then the PDL company ASAP.

[sandi2949]

What will happen when I send this letter out they are still going to want more money.

[sandi2949]

The funny part about my payroll department is that I do payroll and so far they have not send anything so if I send that letter out they will not try to garnish my wages.

[Cool_Abyss]

This letter is just a formality and sets the cornerstones for your repayment plan. Well that is a plus you are in your own Payroll Dept

Next you will need to research and find out if these companies are licensed. An easy way to find out is to do a search in the box uptop on each company. You can type their name in and read up on them. Or you can wait for someone to come along and give you more information on them. Or you can wait for them to respond with their license number and state they are licensed in.

PayDay One is licensed I believe. You will need to call them and work out a reasonable offer. Maybe they might consider your loan paid in full considering all the fees you have paid them. It is worth a shot. Trust me, last year I had 17 PDL loans and now I am PDL free. It took me a lil over 3 months. Most of my loans were way overpaid just like yours.

[bea2ls]

they can still garnish your wages if they are a legal company, but would have to go to court first.

I've had two collection companies call me - One is National Attorney - I have three outstanding payday loans in Arizona

Ace Case Express: licensed $600 and some change

Allied Cash Advance: $600 and some change

Checkmate: $600 and some change

so about $2,000. I stopped paying in October of 2008 and now I have two collection companies calling me - National Attorney is insane they called me 15 times today starting at 5:22am and until 6:30pm. about every thirty minutes with some hours of breaks in there.

My question is - has anyone gotten to this point before? is it better to contact the corporate office at this point or to deal with collection agency.

Thanks much

namaste

[nohiogal]

I assume these are all store fronts an legal. I would suggest you contact the corporate.

I am going some of the same scenario that I have read on this site. I currently have 5 pdl one in which was sent back. I want to resolve this matter just because it will stay with me and they will continue to harass. Can someone please help

[nohiogal]

Please give us the state you live in and the names of the PDLs.

Also, include the amount you borrowed and the amount you have paid including all fees or rollover charges.

They will lock you up and throw away the key.

[Cool_Abyss]

They will lock you up and throw away the key.

What are you talking about

[nohiogal]

They will lock you up and throw away the key.

I hope that was an attempt to be funny.

I can see this was not the real member PDL Owner as they were not logged in and had Guest status. Nice try troll!

[Cool_Abyss]

Yep, I almost thought the same thing

Troll be Gone!

You can't go to jail for that,it's a civil not criminal matter.Don't let them scare you.

[kscornell]

Excuse me? Someone said on the boards that collectors start calling them at 5:22 am??? Report these people!! And do this now!! This is harassment!!!

[Cool_Abyss]

Wow that is ridiculous