of course they do,that is why this forum exists.if by chance an illegal pdl were to try to sue.they wouldn't go by the book,we know that.there are many ways to beat these pdl idiots,but i won't make it easy on them either.revoking that wage assignment forces them to try other things none of which realistically can work for a illegal unlicensed pdl.

Ah...They are not all unlicensed and illegal thanks to the FEDERAL Interstate Commerce Act. Do your research.
Why are you spreading a blanket statement for people to just revoke it? Why don't you tell them to try to work out a deal with them? Why don't you at least acknowledge that they CAN be sued? PDLs who are licensed and regulated will not stop at, "I ,..., hereby revoke the WAA I signed on...". The best bet for anyone who has this type of debt is to take care of it before it gets out of control. Revoking it and not then making arrangements to paying it back will end you up in small claims court. Again, I will say that your best bet is to just take care of it before the problem grows.

Additionally, your answer of just revoking the wage assignment is irresponsible. I hear no mention of attempting to make arrangements afterwards. The company might accept the arrangements rather than having to take them through the legal system.

I think this person is employed with a pdl, you are showing too much defense for them. Why would someone want to work out a payment arrangement with a pdl when they have already taken people for fees up the ying yang, it makes arrangements not possible, they are getting way more than what they lended out and that is illegal....and you are full of it!!!! No illegal pdl will sue in the court of law, if they are not liscensed to lend in a state, their case would never fly in court, especially after the judge sees that the consumer has already paid back triple what was borrowed....

Agreed OP just claims he is subject to arbitration and now being sued in small claims court. If OP just provides the information Paul is requesting it would make this thread more beneficial. Untill then it is a pointless post I think. Whoever you are goodluck!

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"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

-Aristotle-

"especially after the judge sees that the consumer has already paid back triple what was borrowed"
In response to your comment above- Who said anything about these people having paid already. People get the idea to borrow money, not pay AT ALL, and then revoke the wage assignment thinking they have a "Get out of jail free" card thanks to your advice. I will say again, not all PDLs are not licensed. You are giving out blind advice without letting people know that there could be repricussions to revoking the wage assignment.

So what is the point

__________________
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

-Aristotle-

leave the troll be anya.if the pdl is legal they can get the court ordered garnishment.to even imply that someone can go to jail for revoking a wage assignment is stupid and moronic.by the way i speak from experience troll.i had a wage assignment from ALL CREDIT.i revoked it,they got the garnishment through the courts.that is what a legal pdl will do.this troll can buzz off cause they are giving false information.

Do you know how to read quotation marks? At no point was it mentioned that someone would go to jail. They stopped using debtor's prison a long time ago. With the way our economy is going, if we still used debtor's prison, we would have a lot of people behind bars.

the get out of jail free card reference was just a slip.your pro pdl rhetoric is growing old.no unlicensed pdl is goung to anything if you revoke there flimsy wage assignment.a legit pdl will get the garnishment legally.i guess you missed that part of my post huh?

So, your advice should read, "Check to see if they have a license before you revoke the wage assignment". This isn't pro-PDL. This is making sure you let people know ALL of the facts before you throw out a blanket statement since people come to you looking for advice.

no what i'm saying is if the company is legit they can and will get the garnishment legally.if you can't work an arrangement that is what a legit pdl will do.we also have pretty good sources to determine who is legal and who isn't.nobody here is saying what you are implying.i have heard all over these forums that a certain pdl is legal it's best to work something out.always when someone advises to revoke a wage assignment it is against an illegal pdl.which is the case with the OP.so what smart response have you to that?

I want to contact my work in reguards to not allowing a wage assignment if it comes to this. but i have quite a few pdl, can i just send one letter and do i have to state all of these pdl or can i just say i DO NOT authorize any wage assignment for any reason.
Thank you

GUEST Stated:

They are going to want their money as I have found out. I used the simple letter I found on here only to be taken to arbitration. Now I have a small claims case. I have to pay even more money than if I just paid the wage assignment. There is no quick and easy way to take care of these things. I wish I would have just made arrangements with them when they tried to get a hold of me. I thought I could get out of it.



So again what was the whole point of GUEST's post? I am a lil confused. A statement was made by GUEST about being sued by a PDL and taken to Arbitration which I find very hard to believe. Then wage assignment was issued by PDl which they revoked now after arbitration they were summons to a small claims court . GUEST since I have been on the form I have never seen that happen or even hear of a US citizen being takedn to Arbitration. Also the Debt Samaritan's including Paul do not give bad advice. They are very knowledgable and stand behind their advice due to personnel experience, as do I.

Well I am leaving this post alone it is pointless. All GUEST did was argue us trying to help him. Once again I state good luck!

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"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

-Aristotle-

i would draft one letter,then explain the situation to your work.they might say you have to give them one for each one.if they say that then i would do it,but wait to see what they say.

Wendy please understand revoking a wage assignment does not stop the harrasment from the PDL company. They will still pursue you LEGAL or ILLEGAL. What PDL company is it and how much have you paid.

When we get that info we can tell you if you owe any monies at all.

__________________
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

-Aristotle-

Thank you. I do consider myself to be an intelligent person.

Reread the threads. "They are not all unlicensed and illegal", does not mean I am reffering to one particular PDL. You did not inform your readers that there are legal PDLs that will take you to court. Something also not mentioned was trying to work something out after the wage assignment has been revoked. Your posts just assume that someone has already paid an exorbitant amount of money back. Your posts also just assume that the PDL they are working with is illegal. Through the threads created on this post, I think it is a bit more clear now. Thanks. It's been a pleasure chatting with you.