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sample letter

Date: Thu, 10/25/2007 - 09:29

Submitted by db
on Thu, 10/25/2007 - 09:29

Posts: 65 Credits: [Donate]

Total Replies: 16


Does anybody have a sample letter to request a payday company otherways to pay pay off a debt with them? I am no longer authorizing them to ACH my account but I still owe them money.


Good that you revoked their ACH debit authorization but are they still debiting? Most PDL's ignore it and keep debiting.

Well, for a letter bascially what you just said, put into a letter. Draw out a payment plan in a letter and send it to them.

I recall seeing postings here from you in the past, but I dont know enough about your situation to recommend closing your account or if your pdl's are internet or stores.

The stores, if they are members of the CFSa can work out a payment plan with you.


lrhall41

Submitted by volleyballmom on Thu, 10/25/2007 - 10:19

( Posts: 4143 | Credits: )


I remember drill from previous posts also. I thought this is the one who couldn't retrieve the pms being sent with a letter to use as an example. If I recall correctly, Mike even looked into it and couldn't find a problem with the pms. I do remember drillboy though. Drillboy, do you want to "recap" what's been going on so that we can catch up?


lrhall41

Submitted by cannr on Thu, 10/25/2007 - 10:40

( Posts: 9317 | Credits: )


Well, I don't know how much this will help, but this is a letter that I drew up when I had to go speak with my storefront loans. Maybe it will help you?
---

Quote:

Dear Manager,

Due to dire financial circumstances, I am requesting your assistance and understanding in setting up an extended payment plan for my loan. Currently, I owe your company xxx; xxx in loan principal and xxx in fees. I understand and confirm this as being a debt owed and would like to make every effort to pay you in the most timely manner that I am financially able to provide.

I have separated my payments into x monthly payments, beginning in xxxx 2007 and ceasing once the loan is fully paid in xxxx 2008.

xx/xx/2007 - $xx
xx/xx/2007 - $xx
xx/xx/2008 - $xx
xx/xx/2008 - $xx
xx/xx/2008 - $xx

I believe these to be mutually agreeable terms and will make my payments per the above deadlines.

I appreciate your understanding and cooperation in this matter and thank you for assisting me to get back on my feet financially.

Thank you,
xxxxxxxx


lrhall41

Submitted by iguanagrrl77 on Thu, 10/25/2007 - 10:40

( Posts: 77 | Credits: )


stacy, I like you! :D You're sweet! And your picture is so pretty!


lrhall41

Submitted by cannr on Thu, 10/25/2007 - 18:43

( Posts: 9317 | Credits: )


iguana, it wasn't me! When I came to the thread, it was already done! Looks pretty, doesn't it? :D


lrhall41

Submitted by cannr on Thu, 10/25/2007 - 20:38

( Posts: 9317 | Credits: )


Thanks for the memo...I still owe Impact cash money but I put a block on all my payday loans because I have paid them back plus some..I just don't want any money taken out of my account anymore and want to pay them back by some other method.

Oh and I can get PMs now.. Thanks again



I just


lrhall41

Submitted by db on Fri, 10/26/2007 - 06:44

( Posts: 65 | Credits: )


There is no money there. I opened another account at another banks.


lrhall41

Submitted by on Fri, 10/26/2007 - 10:38

( Posts: | Credits: )


Okay, drill, so your "old" account. Is it still open/active, just with a zero balance? Or did you close the thing entirely?


lrhall41

Submitted by cannr on Fri, 10/26/2007 - 11:46

( Posts: 9317 | Credits: )


There is a o balance in my account my bank is good with blocking the account. I still have loans with them so I have to keep it open.

On another note cash supply still keeps calling me and is telling me I refuse to pay the loan which I did $240.00 of my $200.00 loan. They said they can charge me their fees because they are not governed in PA.


lrhall41

Submitted by db on Thu, 11/01/2007 - 11:03

( Posts: 65 | Credits: )