Posts: 14
Credits: 402


Send message to bliotard
Sub: #1 How to find payday loan settlement letters
Replied on 11-17-2006, 10:47 AM
Reply With Quote

What are some resouces for to find settlement letters to send to these payday companies? Can a payday loan company take legal action against me if they are not registered or licensed in my state?

Posts: 171
Credits: 3,948


Send message to scotch
Sub: #2
Replied on 11-17-2006, 10:53 AM
Reply With Quote

What PDL's are you dealing with? Are they storefront or internet?

Posts: 14
Credits: 402


Send message to bliotard
Sub: #3
Replied on 11-17-2006, 11:04 AM
Reply With Quote

They are all internet companies.

Posts: 1,347
Credits: 16,017


Send message to natdust20
Sub: #4
Replied on 11-17-2006, 12:18 PM
Reply With Quote

If you don't mind me asking, what companies??

Posts: 499
Credits: 7,330


Send message to keystrokes
Sub: #5
Replied on 11-17-2006, 12:46 PM
Reply With Quote

Internet lenders must be licensed in your state if payday loans are allowed. They have to conduct their business legally before throwing any actions against you.

I haven't heard of any internet loan company especially those not licensed, filing a case against the borrower. If they give you such threats, don't be bothered. It's a crap. If you have the loan from them, you are responsible to pay the borrowed amount and the fees mentioned in your state.

You'll get the settlement letters in Polly's blog

Posts: 1,347
Credits: 16,017


Send message to natdust20
Sub: #6
Replied on 11-17-2006, 12:53 PM
Reply With Quote

Keystrokes is right. I think just about everyone here as dealt with at least one of them, and nothing good has come out of it..




«Previous Thread | Next Thread»
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -8. The time now is 07:01 AM.





About Us | Contact Us | Privacy Policy | Affiliate | Sitemap | Espanol | RSS Feeds| Terms of Services
* Disclosures:
  • 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.
Page loaded in 0.047 seconds.