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Paid a pdl back and still getting a phone call saying I owe

Date: Tue, 06/12/2007 - 23:07

Submitted by msvirgo76
on Tue, 06/12/2007 - 23:07

Posts: 26 Credits: [Donate]

Total Replies: 4


I got a call at work from 500 Fast Cash rep Marjorie saying that my pdl was in default and I need to fix the problem before it goes to collections. She told me that I owed $398 and I then told her according to my bank statement I have paid my $200 loan back. I have paid $270 towards that account so why is she calling me. She told me I had to pay the principals. My thing is if I have paid what I owed back but the principals plus I didn't have access to view my account once they deposited the money in my account. What should I do? :?:


Is it possible that all that you paid back was just interest payments/rollover fees? That is probably what they are talking about. So you still have to pay back what you borrowed. I would pull your bank statements from the time they deposited your loan till current. That should tell you what happened. I believe they take 4 rollover payments before they will take a rollover payment plus $50 to pay down your loan. Your bank statements should show this. Give it a shot and then you will know where you stand.


lrhall41

Submitted by puddlejmpr on Wed, 06/13/2007 - 00:10

( Posts: 1634 | Credits: )