Internet's first get-out-of-debt community - 123,000 members

Posted: Thu Apr 17, 2008 4:34 pm Subject:

I didnt get it. Does it go to my inbox on this site?

Posted: Thu Apr 17, 2008 4:38 pm Subject:

It should....I can send one again.

Posted: Thu Apr 17, 2008 4:42 pm Subject:

nothing. feel free to ask anything, though

Posted: Thu Apr 17, 2008 4:55 pm Subject:

James...I don't know why it is not going to you. I got your pm and sent another immediately. The flag is saying that it has been sent. You passed a comment to me that makes my curiosity peak even more. About tactics and not understanding. Try pming me again....your answer would be appreciated.

Posted: Thu Apr 17, 2008 5:00 pm Subject:

I'll start a new post about tactics. Marketing in particular.

Posted: Thu Apr 17, 2008 5:19 pm Subject:

read it and posted. Perhaps the light bulb is about to go on.

Posted: Thu Apr 17, 2008 6:04 pm Subject:

James:

Posted: Fri Apr 18, 2008 5:48 am Subject:

This is great information James! There is always
"behind the scenes" goings on and this is good to know about...thanks!

Posted: Fri Apr 18, 2008 7:11 am Subject:

If someone knowingly gets into a mess like this and is up to no good, then they deserve this. However, a company like CashAdvanceNetwork offers no phone numbers and makes it impossible to pay a loan off. People are forced to stop ACH. The business model of CAN is based on the fact that it will take a person "x" number of weeks to default. Their staff consists of a small number of customer service reps and a massive collections force. That's what they drive people into and, in time, they simply develop a new URL and rise as a different company. It's a business model of predatory lending that offers those in trouble a hand by promising "get out of debt" and bombarding them with emails. Should people read their contract, sure. But the reality is that most don't understand their legal jargon enough and do not realize what they are getting into. What they think is a solution ends up being a problem

Posted: Fri Apr 18, 2008 8:26 am Subject:

We're tired of you Nick. Your posts are meant to tear people down all so you can pump yourself up! You aren't productive on any of these posts and you aren't a registered user. I'm sure if you search you can find a forum of the "perfect" to compare notes with.

Please let people here get on with the business of better educating themselves and taking proactive steps to regain their financial stability. No one here is out to defraud or scam lenders out of money.

Do you sleep good at night knowing you have managed to make so many feel bad about themselves?

Posted: Fri Apr 18, 2008 8:34 am Subject:

Just curious, Nick. You seem to be particularly bothered by my post. Any reason? You're a fan of following contracts. Wondering why you would not want a PDL to follow their banking contracts. That's what this points out. There would be no issue if the banking laws were adhered to.

nick jenkins · Posted: Fri Apr 18, 2008 10:30 am Subject:

each copany in any business has the right to do business in the state they are in. they have the right to create the contract per there company. the consumer has the right to chose on who they want to use. there not forced to take loans. they request them and get them. what i am saying is people need to read. instead of being so excited about getting money and thinking of ways to rip companies off. remember these companies have employes that have jobs. just like credit cards each one has fee's and intrest. on a 1000.00 credit card if you pay the intrest only you will pay that loan off for 7yrs. has anyone you known had a pdl for 7yrs? now who are the rip off's. banks charge 30.00 for ret fee's and make billions off it.

Guest · Posted: Fri Apr 18, 2008 11:06 am Subject:

Both are ripoffs, genius. Its not a one or the other.

Pachacutec · Posted: Fri Apr 18, 2008 11:30 am Subject:

Hmmm; Nicky, I'll take issue with your post - yes, companies can do business in the state they're in, PROVIDED they work within the laws of that state. Same thing goes for other states they work in, they have to abide by the laws of that state as well. If, say, PA, MO,etc. says that you have to follow their guidelines for PDL's in order to provide your "services" within their state and you do not follow these guidelines but are telling your customers that you ARE (as many PDL's do), then you are committing fraud. And it's always been my understanding that if a contract is fraudulent, that it is not binding. PDL's are prohibited or limited as to interest rates in several states, but there is nothing at all - NOTHING! - listed on the websites of most PDL's which mention this. Not even a very general "Void where prohibited!" I tell you what, when I see those ads on TV for PDl's, with all of those smiling, clean-cut faces saying how they "help" people with their money problems, well, it makes me want to put my foot through my TV screen. I seriously doubt that anyone on this forum set out to "defraud" the PDLs; but people DO get tired of ending up paying back their original PDL amount several times over.

nick jenkins · Posted: Fri Apr 18, 2008 11:59 am Subject:

in many businesses you pay more then what was borrowed. how about a 200.00 loan 60.00 intrest. you pay the 260.00 off on your next paydate. don't refinance it and if you have to do so then you know what your getting your self into. even then 200.00 loan 60.00 fee on pd then you pay the 60.00 then next pd your bal is 260.00. that is why i always pay mine right off. if need be i can get another loan in 3 days. like i said before i have had many loans and my intrest right now is 15.00 per 100.00. to me thats not bad. again like i stated if you take a loan on a credit card for 1000.00 if you pay the min payment you will pay that loan back for over 7yrs.. my 1000.00 pd loans get paid off in 2 months at the most. lets not forget you can pay on your loan each pd too to make it go down.

*Name:
*Email:
*Phone:
*Zip:
Debt

	* denotes required field

Internet's first get-out-of-debt community - 123,000 members

How To Really Stop ACH and PDLs

Members Area

Free Debt Counseling

Ask the community

Featured Discussions

Featured Articles

Question of the Month

Useful Links

Recent Forum Discussions

Recent Blog Post