Egypt, use the one I posted the link to as a guied. It is a good one. Also, remember to send it certified return receipt. This helped me out in the long run..I had a CA continue to contact me yet, they signed for the letter...I had them over a barrell.

__________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.

So, this American Consumer Credit AND Cash Spot are both trying to "collect" on the same loan? And for two different amounts? Oh, hell yes! debt validation, please!

Cannr...I think that they are one and the same. In other words when they deposited money in my account and took out the debits, they called themselves ACC? I never had one with American Consumer Credit by that name.

Cannr, Egypt, American Consumer Credit and Cash Spot are one in the same..

__________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.

That's my point here. Are they BOTH sending letters/emails/whatever trying to collect on one loan? This is where I'm getting that idea from egypt's post:



I'm thinking they are both sending letters/emails/whatever for one loan stating two different amounts.

The two bills actually came in the same envelope from the collection agency...or whatever it is? Both are from ACC or Cashspot? As I said, even if they do not acknowledge the payments/fees, how can they come up with the two ammounts? I only borrowed $300...one time from them and as I mentioned, they took $75 maybe three times and $32.50 another.
Had a real set back today and it really depressed me. I sent my house payment in so it would go through my bank by Fri and this Mortgage Co. sent it through immediately. I am now $500 overdrawn. The temptation to get a *loan* was real strong, but I know it will only worsen things. How could I be so dumb. Now I will have uptteen thousand in overdraft charges as I had several checks meant to come through against the balance I had in the bank. My direct goes in tonight so they probably won't return them.
I probably will not have enough money to pay the PDL's that I am still juggling...so this may force my hand to arrange payments with the rest of them today...one day before they are due?
Stupid me AGAIN...this is so dpressing and I was just trying to get things paid on time...are at least before thirty days as this company does not allow things to go past thirty days.

Oh, egypt. I'm soooo sorry. That really does suck. Please control the urge to "get a loan". I know it's hard when things get like this. It takes strength. I am just so sorry this happened. Don't be depressed. There are going to be bad days (I wish there wasn't). But there are going to be good days, too. Here's a little sunshine for you.

I just checked into a debt settlement company and they charge 15% of what your total debt is...that would be $3,000 for me. Gosh, that is a lot of money?
I posted in the debt settlement/consolidation part part but did not get a lot of response to my post, but I read some of the posts on there with mixed reviews on their success.
I cannot imagine why this company took the check to the bank instead of deposting it as they have in the past, but it sure messed me up. They will never again have me mail out something before the money is in the bank.
But you know what, it may be the incentive I need to *end* this spiral with those storefronts...I thought I could take a bit more time, but I know at $33 a pop, I will be close to broke if all those checks come through tonight that I thought I had money to cover.
Thanks for the sunshine...being in debt really sucks.
Have you all handled this debt thing on your own or have you had help? I mean such as in a settlement or consolidation company? Is it possible to do it on your own?

Egypt, I am so sorry this has happened to you. I have used a company and truthfully, it may have been the wrong company, but it did not work for me. I have done just as well working on this myself. But I have the time and desire to do so...and I do not mind dealing with the crap. I am by no stretch of the imagination an expert in this and everyone's case is different. You may want to try a different company. Initially, I worked with three companies and went with the one that I could afford.

__________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.

Years ago, we used one of the first companies available and it did not work for us. We had to get out of it and by that time we were in a real mess,,,so I am reluctant to believe it could work now.
Basically on account of the fact that they did not *allow* for emergencies...my children were small and one Dr's. visit might throw things out of whack.
I am still reeling from the *overdraft* thing this morning. You would think by now I would be *smart* and not do this kind of thing. As I mentioned, trying to pay bills on time is what got me into the mess with the PDL's.
Gosh on every part of this Forum there are those like me who have gotten into this trap. I feel less stupid about it, but it makes me physically ill to think they get away with this and take advantage of those already having a tough time.

Egypt, we all feel ill about it. When I think of what I have paid out to the companies...I overpaid all mine....I get sick. There are so many posts about states changing laws, that one can only hope these people will be run out of business sooner rather than later.

__________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.

Yeah....but I see a new one every week around here and when I go in to pay on one and see a new person there filling out an application, I want to tell them, "RUN, run out of here. NOW"

I know the feeling, they have opened up two new ones where I live in the past six months, and there are already 7 or 8 of them around here. and this is a really small town. I have been tempted several times to take those car markers that people use to mark up windows of cars, and write that on the window of the store front.

__________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.

I think that the public needs to be made more aware of how difficult it is to pay these off when they get sucked into using them. More articles...and I find that.."This is meant to be a loan for short term use. Long term debt problems should be discussed with a debt counselor." warning to be an euphemism? It should say "Use of this loan may be hazardous to your financial health"...No?

I kind of like the idea of a sign that just says "RUN LIKE HELL!" pasted on their front doors!

Me too....