The good news is I have hardly heard from any of the IPDL's after sending my letters. Payday Yes has sent a few emails, Tim Atkins saying they are experiencing a problem with my account and to please contact them.
I'm going to personally email him the letter in case he is not aware his "company" received it.
I also have been inundated with offers for more loans, probably from the same sharks under a different disquise.
My present problem is with one of the storefronts.
Rather than working out a payment plan with a discounted rate, he wanted me to continue to rewrite checks to both stores and is lowering the fee but it doesn't equate to any discount because of the interest
carried. Should I refuse to write the checks and tell him it's not only illegal to write a check on a closed account but he could be fined if the State found out he was encouraging such a practice?
The other storefront is letting me pay her off every 2 weeks, whatever I can afford and I want this guy to do the same. I'm due in again tomorrow and need some advice. I've had two loans with this company for over 1 1/2 years and have paid plenty of money...but it's harder to get this monkey off your back than a IPDL.
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.