Internet's first get-out-of-debt community - 144,000 members

Surprise...surprise..I just received a thank-you for your payment e-mail from Zipcash. My debt counselor
called me last week and let me know they had sent out payments and letter to all my creditors I had on my list. If they accepted and cashed the checks then the agreement was settled. However I received another e-mail from Westbury Ventures stating I still owed them 160 dollars and it was adding up with all the other fees..etc. I needed to call them and set up payments (which they would decided on) or pay in full...caling would take 5 minutes vs e-mail which takes forever. That was what they wrote. So I responded with the (forever) e-mail with the fact my debt counselor had contacted them by mail send a check. I asked if they accepted the check or had sent it back...either way was fine with me because if they pursue the issue of trying to get more money out of me then what had been offered..they would have to take me to court. There last e-mail was a month ago..so I am not waiting with baited breath for a quick response... Rolling Eyes

Posted: Mon Oct 15, 2007 8:39 pm Subject:

Good...Zip Cash accepted payments from my counsilor too...I just finished with them and am PIF. If they are accepting payments, shouldn't they stop with the fee add on's?? I would definitely check to see if they are accepting payments...or maybe it would be better to make a deal to pay them off in one lump if they are going to continue to add...that doesn't seem right.

Posted: Mon Oct 15, 2007 8:45 pm Subject:

ZipCash and the account I have with Westbury Ventures are two different accounts. Westbury is trying to get my payment for the loan I took out with The Loan Shop...it was 100 dollars they want a whole lot more and I have already paid back 150 dollars. My counselor stated that he would let them know in his letter that they are getting more than what I owe..so he sent them a payment also and is waiting to see if they accept...therefore the e-mail I sent to Westbury was to see if they accepted the agreement with my debt counselor.

Posted: Mon Oct 15, 2007 8:53 pm Subject:

Hi Laura, just curious, are these loans legal in your state?? If not, why are you paying them anything? Any loans that I have taken that aren't legal in my state, I'm not paying them another dime. I don't care what kind of action they take against me. I tried to work out a payment plan, but their loss, they said no. So to hell with them! Anyway, just curious. I hope it all works out for you guys! Good luck!!

Posted: Mon Oct 15, 2007 9:12 pm Subject:

Well Sub...I do have some IPDLs I did not put into my debt program. Unfortunetly for me I had three credit
cards I had to put into this program but they were not enough debt for them to deal with...I needed to add more in order to meet their requirements for assistance. So I added two IPDLs to it and told them what to offer and not a penny more...because I live in Indiana and no they are not legit and I have paid them more than I would owe according to our small loan lending laws. However it seems to me that Westbury Ventures may not accept the offer anyway..so they will probably get nothing!

Posted: Mon Oct 15, 2007 9:15 pm Subject:

Hopefully Westbury Ventures won't accept! To hell with them!

Posted: Tue Oct 16, 2007 4:49 am Subject: reply

Actually, it is up to the person who has the pdls as to if they are going to pay the principle amount borrowed or not. The majority pay the principle amount back because they did receive the funds and they used the funds. Now, to just tell people "don't pay them a dime if they are not legal" isn't something that we do here. This is like saying "Go take out 20 pdls that you know are not licensed and never pay them back." I know that's not what you meant, sub. But it seems as though laura had to "account" for why she was paying these pdls. And no one has to explain why they are paying or not paying. Every situation is different and every individual is different. I understand trying to work with the pdls & they won't do it, so fine. Put them at the bottom of your list of "things to do". But we don't want anyone here to think that we tell people "do not pay". And we don't want people here to feel as though they have to explain themselves if they do pay or if they do not pay. We do not judge and we do not ask. We just help. I'm not jumping on anyone here. I'm just stating that no one should have to explain why they are/are not paying and that no one should be told "not to pay" period. Each case is different. Each person is different. I can see all sides. And I agree with everyone. But to each his own. Let each person make their own decision and not feel as though they have to explain it. Wink

Posted: Tue Oct 16, 2007 5:53 am Subject:

I see your point cannr. I found this site to help me deal with the IPDL's and their rediculos fees. I wanted to know how I could stop this and the harrassment. What I did with my debt counselor is another story. However maybe I did accomplish getting Zipcash to accept what I offered.

Guest · Posted: Tue Oct 16, 2007 5:54 am Subject:

I'm still a little confused on which are legal and which aren't. I have several pdls and I don't know which ones are legal in Texas. I have tried to work out a payment plan with a few of them and they refuse. If I close my account is there any legal action they can take? Can they report me to the credit bureau?

Posted: Tue Oct 16, 2007 5:54 am Subject:

Cannr, understand all. What I meant by why was she paying.. Is she legally obligated to pay. In Washington, I'm not obligated to pay anything if they aren't licensed here. I just wanted to know what her state law says about the issue. I would never want anyone to get into more trouble because they listened to me!

As for her personal reasons, that's her business. I didn't mean to come across that way. I'd never tell someone what to do, well, not with any authority anyway. I just know what I'd do. Yeah, and I get your point, you don't want people to think they can go out and borrow and not expect to pay. Thats not what happened in my case. I tried to work with these people. They said no way. I explained to them my situation. They said no way. I explained to them the laws of this state. They said no way. Now when they ask me to pay? What do you think I'm saying to them?
NO WAY!

Posted: Tue Oct 16, 2007 10:51 am Subject: reply

sub, I understand where you're coming from! Like I stated, the ones that are just "crazy" and refuse to work with you or are abusive, they go to the bottom of the "to do list". And, you did not come across as sounding "wrong" in any way. I just wanted to clarify for anyone reading through these threads that we don't want people to "not pay" or give the impression that it's okay to take out 10 loans with no intention of ever paying them back. You know I understood what you were saying. I just wanted to clarify. And, also, I don't want anyone to think they have to "explain" why they are paying or not paying. You're fine, sub! Actually, in most states, any illegal pdl is pretty much what you're saying - you legally do not have to pay them back. However, in this instance, you will be harrassed, you will be turned over to collections, you will have negative marks put on your credit reports, etc. Then again, the pdls do this anyway! But the majority of people try to get it resolved to where the pdl will at least mark it paid in full, closed, or something so that they won't be haunted by them any longer. And also they will have some kind of documentation to back themselves up in the case of being reported to the credit bureaus or if the pdl pops back up a year from now (which does happen). I can totally understand what you're saying, sub. I just didn't want other visitors reading just a few posts to come across and think "Gee, I'll run out and get 10 loans and never pay them back because they're not legal in my state!" Very Happy

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