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Posted: Sun Oct 08, 2006 9:54 pm Subject: What do I do now?

Hi again guys! Okay, I know if I searched the threads long enough I would be able to find the answer to my question (you guys have enough knowledge to write a book on these subjects!), but I thought you could tell me faster than I could find in. So, I wrote "the letter" revoking authorization of withdrawing funds from my account to the tendollar people and finally got a response. The letter is as follows:

Posted: Mon Oct 09, 2006 2:49 am Subject:

If you owe the principal, I would let them know that you will pay it, and then send them a money order. And you probably will need to close the account since the other two pdls obviously didn't pay attention to your letter, they were not legally allowed to do this since you revoked your authorization. Re-send your letter to them, you may have to do this a few times. It looks like you are making progress. It will be a process in dealing with these pdls but you are doing, 1 down it looks like and 3 to go. You may never hear from tendollar. Just resend the letters . You are doing a great job.

Posted: Mon Oct 09, 2006 2:52 am Subject:

It looks like you were sent a generic letter, I've seen that one posted here before. You are doing good, just keep chipping away at them. You will be able to get rid of them on your terms, just stick to it, and don't back down even when they make their obnoxious threats.

Posted: Mon Oct 09, 2006 4:53 am Subject:

Great job Sandy! You'll hear from the last PDL when you close your account. That has a way of lighting a fire under their butts.

Posted: Mon Oct 09, 2006 10:01 am Subject:

Sandy...
When you fill out your money order, make a notation on it "paid in full", and make a photo copy of it before you send it off..
Good for you!

Posted: Mon Oct 09, 2006 10:17 am Subject:

I got the same letter from them last week. I am disputing the principal owed because I have paid them so much in interest. I also wrote them back and told them I had filed with the Attorney General's Office. I haven't heard anything else. Do I continue to re-send the letters or do I wait to hear something else from them?

Posted: Mon Oct 09, 2006 11:45 am Subject:

Good job!! Keep it up!

Navajos..Keep on sending it.

Posted: Mon Oct 09, 2006 11:54 am Subject:

Erzeke is right, if you write that on it, and they cash it, they have agreed that you are paid in full.

Posted: Tue Oct 10, 2006 10:09 am Subject:

Thanks guy, I REALLY appreciate all your great help and advice!
Sandy

Posted: Wed Oct 11, 2006 6:58 am Subject:

LOL, Jessi, aint that the truth? I've still had one lender totally ignore any attempts so since I over paid them, I considered it paid in full. I have all my documentation showing that I tried to contact them so if anything should come up in the future.

Posted: Wed Feb 07, 2007 4:40 am Subject: spinning my wheels

I have an installment loan through checkngo, I really can not afford the original agreement. I thought about revoking the ACH and letting it go to their legal department, but I am not sure what steps they would take from there. They are not licensed in my state. I am willing to pay them the amount I borrowed, their fees are unreal and I am getting behind on everything trying to keep up. I am not clear on how to handle it, since it is an installment loan (payday loan in disquise is how everyone refers to them). end up paying back double. I have posted many times, no one replys, sent some pms to people who said they dealt with them, with no response. It is getting closer to payday and I will be behind another house payment soon trying to keep up.