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Debtconsolidationcare.com - the USA consumer forum

pdl consolidation advice

Date: Wed, 08/23/2006 - 16:44

Submitted by JENNEE26
on Wed, 08/23/2006 - 16:44

Posts: 36 Credits: [Donate]

Total Replies: 24


Who is in a consolidation program, already finished with one, or had one fail? Have any of you dealt with T & C and what was like dealing with them? The girl I talked to at T&C yesterday made everything sound so easy to deal with. I had another counselor call me today from this site and she told me she doesn't see how they (T&C) could make my payments so low and extend them for 21 months. She said that all the pdl companies would turn me over to collection agencies and that it would go against my credit. I have worked so hard to clean my credit up, the last thing I want is something negative on there. How many loans did you have and how many and what companies did you have them with? I know that they are some companies that are willing to work with you while others will probably refuse to make any arrangements. Any advice would help! Thanks!


Hi JENNEE26

You find the proposal put by T&C fair enough in your situation? Have you reviewed the contract if everything has been mentioned clearly? Basically, you must understand everything very clearly before signing them for the services. There should be no hidden factors that can cause disputes at the later stage. Some people here are using T&C and so far, there have been good feedbacks about them.


lrhall41

Submitted by Christina on Wed, 08/23/2006 - 16:58

( Posts: 438 | Credits: )


I did read over the contract but it seems strange that these pdl companies would be willing to let me take 21 months to pay them back. Is it better to pay off the difficult ones upfront and put the easy ones in the consolidation program? I am just very worried about anything going on my credit. I have worked so hard to repair my credit. The last thing I want is a new negative mark. I want to buy a house next year, well... maybe... I am in Tampa and the prices are so crazy right now. Anyway, I just want to make sure that if I do go with T & C that I won't get screwed. The lady at the other consolidation company I spoke with today put a lot of doubt in my mind about T & C.


lrhall41

Submitted by JENNEE26 on Wed, 08/23/2006 - 17:06

( Posts: 36 | Credits: )


No, I have not been to your blog yet but i will go to it now. I have been paying the fees but 5 of them are due tomorrow and will be returned. I spoke with my bank and the woman closed my account and opened another 1 for me so the pdl companies can't keep trying to debit my account. I have all intentions of paying them, just can't keep rolling them over. I am in Florida. I ma not sure what the rules are here.


lrhall41

Submitted by JENNEE26 on Wed, 08/23/2006 - 17:33

( Posts: 36 | Credits: )


Thanks for everything. I always like to handle things myself cuz I know what is being done. I look at this sorta like credit repair. Credit repair companies want to charge an insane amount of money to contact the credit bureaus, I contacted all of them myself and had all the incorrect stuff erased and almost all of the inquiries too. I feel uncomfortable putting something like this in another persons hands cuz I am scared I might get screwed. Do you know if the pdl companies will report you to the credit bureau if you take too long to pay them?


lrhall41

Submitted by JENNEE26 on Wed, 08/23/2006 - 17:47

( Posts: 36 | Credits: )


Danni05:
Equifax is the easiest to get them erased. Get a recent copy of your credit report, call them, and dispute away! They automatically erase them and they are the the credit agency that most people use. As far as the other ones, you have to write a letter to each creditor that made the inquirie. Tell them that you do not recall doing an application with them and you want this inquirie removed. Tell them that unless they can send you proof that you did infact do an application and authorize them to pull your credit that by law they have to erase it. Send the letters certified and also CC the credit bureau. If you don't hear back from them in 30 days, call and inquire again. Normally, they do not have proof that you gave them permission and if you threaten them, they will tell the credit bureaus to erase them. I will send you a copy of 1 of the letters I sent if you would like.


lrhall41

Submitted by JENNEE26 on Thu, 08/24/2006 - 16:45

( Posts: 36 | Credits: )


Also get your local and state government involved. Chances are if you have more than one PDL your Govt would like to know, so they can get the wheels turning to take action against these predators. I was told by a lawyer that if you know you are not going to be able to pay them before due date, close your acct. and then get the help you need because sometimes the help you need wont come before the due date. It will end up costing these companies more to take civil action than to work out a payment plan with you, and if you know others with the same problems you have with the same companies, well, what would these companies do if all there clients REVOLTED at the same time That is what I am making part of my advocacy against PDLs, to get more of us poor souls to get back and get even with these low-life companies maybe if enough of us get involved we could make them go BANKRUPT. Stand up Straight take it to the top in your state.


lrhall41

Submitted by tonyrand960 on Thu, 08/24/2006 - 17:06

( Posts: 27 | Credits: )


Guest:

I think you have to register so I can message u and attach it to that message. I am not sure if I can can paste it here but I will try...

Quote:

May 30, 2006
Consumer Portfolio Service
16355 Laguna Canyo Rd.
Irvine, CA 92618

Re: Unauthorized Credit Inquiry on Date

Your Full Name
ss#
your address
Tampa, FL xxx

Dear Credit Department,
I recently received a copy of my TransUnion credit report. The credit report showed a credit inquiry by your company that I do not recall authorizing. I understand that you shouldn't be allowed to put an inquiry on my file unless I have authorized it. Please have this inquiry removed from my credit file because it was not authorized by me.

I have sent this letter certified mail because I need your prompt response to this issue. Please be so kind as to forward me documentation that you have had the unauthorized inquiry removed.

If you find that I am remiss, and you did have my authorization to inquire into my credit report, please send me actual proof of where I signed a document requesting this.

I am also sending a copy of this letter to the credit bureaus for their records. Your prompt attention to this matter would be greatly appreciated

Thanking you in advance,



Hope this helps! As far as inaccuracies, you can dispute credit items online with the credit bureaus. They make it very easy these days. Good Luck!


lrhall41

Submitted by JENNEE26 on Thu, 08/24/2006 - 18:13

( Posts: 36 | Credits: )


I do not live on a fixed income. I live in the state of Florida though and Head of Household. You can't garnish someone's wages that is head of household here. I am sure the govt could but not some loan company.

I am going to look more indepth to the laws so I can send out letters. My biggest concern is that they will start calling my job or my references. I think my boss would flip on me but he can kiss my behind as well.


lrhall41

Submitted by JENNEE26 on Thu, 08/24/2006 - 18:18

( Posts: 36 | Credits: )


danni05...
It depends on which agency you are dealing with. If you are dealing with Equifax, you can call them and dispute it directly with them. They are the easiest to deal with because they automatically erase the ones you dispute. YOU MUST HAVE A RECENT COPY OF YOUR REPORT THAT WAS PROVIDED BY EQUIFAX!!!! THEY WILL NOT TALK TO YOU UNLESS YOU CAN PROVIDE A REPORT NUMBER TO THEM!!!!! When dealing with Experian and Transunion, you have to dispute the inquiries directly with the company that made the inquiry. Send them a letter and CC the credit bureau that the inquiry is showing up on. Hope this helps, good luck!


lrhall41

Submitted by JENNEE26 on Fri, 08/25/2006 - 21:24

( Posts: 36 | Credits: )


Help me, bass & assoc turned me over to the sheriffs office in north carolina where i live as they said they would do, even after i asked for validation of debt & proof of payment. I even requested from arrowhead investments, because i know i have paid them some on this debt. They kept drafting my account after asking them not to. No one ever called me about this took me forever to find a # for them. But anyway arrowhead manager sent me to i collect they told me bass and i knew that from there first call threating me with jail, telling me to get an attorney, begging for money from my friends, told me tell them you are going to jail and they will help, only giving me 24 hrs to respond, i was not going to pay anyone that just calls up and will not identify themselves nor show proof of debt, that would be stupid, that means any human being could do that to anyone.
Anyhow now that bass & assoc has done this what do i do next??


lrhall41

Submitted by vbryant1 on Sat, 08/26/2006 - 20:29

( Posts: 2 | Credits: )


I am in florida also. I have PDL'S with PAYDAY SELECT,
PAYDAY OK,DISCOUNT ADVANCES, TEN DOLLAR PAYDAY LOAN,
UNITED CASH, NATIONWIDE CASH, FAST CASH,CASH DIRECT
EXPRESS. 2 are almost paid off, but the fees are killing me. Can I legally stop them from debiting my account?


lrhall41

Submitted by on Sun, 08/27/2006 - 11:18

( Posts: | Credits: )


PDLs are illegal in NC. What did sheriff's office do?


lrhall41

Submitted by jnmeads on Sun, 08/27/2006 - 16:25

( Posts: 40 | Credits: )


I'm so frustrated with the mess I'm in. I could lose my job and everything else because of my PDL's. I need
alot of HELP. I'm active duty military.


lrhall41

Submitted by on Sun, 08/27/2006 - 23:57

( Posts: | Credits: )