Update on PDL Situation
Date: Wed, 11/08/2006 - 09:48
CashnetUSA: Up until last week, CashnetUSA had contacted me every day and called my employer's phone because they were unable to reach me. Well, T&C sent them a letter and they accepted the proposal and received payment as of last week. No phone calls since.
Rio Resources: As you may or may not know, Rio Resources did not accept my offer from T&C as they wish to work arrangments out with me personally. I spoke with someone from the law office of Norman Kaline I believe it was. She said that she would be able to reach a settlement with me if she could get it approved with her supervisors. I have not heard anything from her as of yet.
Cash Central: They called me yesterday to let me know that they have accepted my proposal from T&C and have received their first payment. They will not call me again because they have updated their system. Should be through with them in a few months, if not earlier.
One Step: Have heard nothing from them and they have received their payment.
United Cash Loans: Have not heard nothing from them and they have also received their payment.
T&C forwarded me a statement of activity so show me that everyone was being paid. So everything is well so far.
Great to hear about CashnetUSA stopped calling you. See what
Great to hear about CashnetUSA stopped calling you.
See what the law office of Norman Kaline has to offer you. Take the advice of your counselor who is handling other accounts. s/he will guide you on the negotiations to be done with Rio Resources.
Get the statement from Cash Central reflecting the first payment done by you. You need to have some proof for future, right?? You have it from T&C, that's good. But you want to have something printed in the Cash Central letterhead.
Keep calling One step and UCL requesting for the statement.
Be careful dealing with the collection agency that you are corre
Be careful dealing with the collection agency that you are corresponding with regarding Rio Resources. They are called ACA Recovery and say that they are from the Law Office of Norman G. Kalina.
How much was your loan for with the pdl they are trying to collect for? The reason I ask is because the pdl they were calling me about was for $300 and I had paid the finance charge twice before defaulting. I got a letter from this CA stating that the total amt. owed was $605! It looked to me as if they had added some on to the debt to make a profit.
I sent them a cease & desist and debt validation letter disputing the amt. owed, asking for proof that they are licensed to collect in my state, and quoted my state's pdl laws to back up my dispute. I have heard nothing back and received nothing in the mail.
Tiffany, They did the same thing to me only I was owing $660
Tiffany,
They did the same thing to me only I was owing $660. But if they are willing to talk about a settlement and we can agree on that, then hopefully it will all work out. But I haven't heard anything from them as of yet.
Actually, it was T&C that told me that I would have to contact them and work out a payment arrangement with ACA myself. ACA said that they will continue to accept the payments that I was sending T&C, however, it would not stop them from seeking action.
I know I have to be careful and only time will tell where I go from here.
Make sure that you have a written proof of this settlement with
Make sure that you have a written proof of this settlement with the law office. Then send your money without giving your checking account info. Money orders are good.
I most definitely will. I don't plan on giving away my checking
I most definitely will. I don't plan on giving away my checking account number to another PDL ever again.
I had just settled with 500fastcash after I complained about the
I had just settled with 500fastcash after I complained about them to the BBB. I settled for what I owe on the principle for $150. I thought it was 200. But I saved all emails from them, and they said I can give them a new bank info, and they would deduct it. I told them NO WAY. So they settled for a money order postdated by Dec. 1st. Believe me I will make a copy of the money order too and keep the money order receipt too just in case. I will never do a PDL or give out my bank account to them.
Alexandra, I am glad to hear things are working out for you.
Alexandra,
I am glad to hear things are working out for you. It sounds like you are doing the right thing. Keep up the good work and keep us posted :-)