Can I settle my PDL debts with PDL Assistance?
Date: Mon, 12/03/2007 - 08:34
PDL Assistance
I recently joined the PDL assistance company. I closed my checking account and the phone calls from the payday loan companies are even worse!! I paid my start-up fee and was wondering how long it took the settlement company to start negotiating with the payday loan people, cause these phone calls are stressing me out....just curious if anyone had good success with this settlement stuff.... thanks
I was wondering the samething about PDL
This is good news to me, because I was wondering myself who they were and if they could help me..... They have helped you and now I feel MUCH more at ease. I did do my research and again no compliants with the BBB and they really are part a huge parent company....
Need help.
Hi All, I could really use your help I live in Arizona and i have been paying on my payday loans for well over a year now and have not been able to get anywhere.. i have two loans that are thru the internet. one of them they deduct a certain amount every time to lower the fee though it takes about 8 to 9 months to pay it off. I have 4 loans that are thru store fronts and have not been able to get any off them down. I have a total of 6 loans that total about 3000 dollars. any help you can give would greatly be appreciated. I struggle every month just to pay the bills and my house payment while i hand over about a 1000.00 a month to the PDL's.
Pdl
I just spoke to them today, they seem pretty reliable not to mention professional too. The woman to helped me said they have only been in business since April of this year, but have had great success. That may be why somepeople cannot find a whole lot of info. Honestly, I am willing to try at this point, if the company does not end up being legit, then I will dispute my $200 set up fee and get refunded. I will keep you posted!!
Why not ask the 17 people that filed BBB complaints against them
Why not ask the 17 people that filed BBB complaints against them since April of this year if they are legit?
Guest , You will also notice that all of those complaints have b
Guest , You will also notice that all of those complaints have been resolved.
loans
I live in Alabama. I have one storefront loan at Advance America for $470. Having trouble paying if off because I have 2 nonpayday loans for $200 and it is hard to come up with cash for all three. If I stop payment on the check so that I can make payments on it can they send it to police for action?
Hi Bamababe, Here are the law's for Alabama (just select your
Hi Bamababe,
Here are the law's for Alabama (just select your state),it appears that as long as you don't close your account, you would be OK:
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Thanks Dawnlango7 Great help! Now I know what to do!
Thanks Dawnlango7
Great help! Now I know what to do!
Payday Loan Help
I have about 10 PDL out. They are all internet and total a little over $2300 (remaining loan amounts + fees). I live in OR. I called PDL assistance last week and was signed up with them then. My enrollment fee is due to come out on 12/19/08. I listened to their advice and closed my account and opened a new account; with the same bank. I am a little nervous about all of the phone calls I know I will soon be receiving. I am just hoping that this company can help me.
PDL Assistance
PDL Assistance is good if you don't have more than 15 payday loans and also if they are not mostly storefront loans. The reason I say that is because any payday consolidation company you join will take mostly all of your payment for there fees and put and only but a couple dollars in your account for settlement. With payday consolidation, they consolidation company puts your money in a trust account so that you can build up money to have to settle the payday loans. So the higher your payday loan debt is then the more money you will have to payday the consolidation company each month to pay off there service fees so they can began to start settling with the creditors. If you choose to have a lower payment then the longer it takes for you to pay your service charge and build up money to pay creditors and therefore the creditors continue to call. The lower monthly payment plan can take months before you see any of going in to you account. When you sign up for consolidation the creditors call do not stop because the consolidation company does not call them until they feel they have enough money build up to make a settlement offer.
PDL IS A RIP OFF... THEY HAVE A WHOLE 2 PPL IN THEIR NEGOTIATION
PDL IS A RIP OFF... THEY HAVE A WHOLE 2 PPL IN THEIR NEGOTIATIONS DEPARTMENT.. AND IF YOU GET THE WRONG PERSON THEY WILL LET YOU GET SUED IF THEY DON'T GET WHAT THEY WANT WITH THE PAY DAY LOAN PLACE OR COLLECTION AGENCY... THEN WHEN I ASKED FOR A REFUND OF ALL MY FEES THAT THEY COLLECTED WHILE I WAS WITH THEM (MIND YOU THEY NEVER SETTLED ANYTHING THE WHOLE YEAR I WAS WITH THEM) THEY WOULDN'T REFUND ME FOR THEM... I GOT SUED & GARNISHED B/C OF THEM AND THEY STILL WOULDN'T REFUND MY MONEY!! BEWARE!! STAY FAR AWAY FROM THEM... WHAT I COULD HAVE BEEN PAYING TO SETTLE MY OWN DEBT I PAID TO THEM IN FEES. MOST TIMES ONCE THESE ACCTS GET IN TO collection agencies YOU CAN SETTLE THEM YOURSELF.. I SETTLED THE REST OF MY PAY DAY LOANS FOR 50% OF THE BAL... SOME 40% IT DEPENDS ON WHO THE LOAN CAME FROM IN THE 1ST PLACE.... :wink:
I too signed on with PDL Assistance about two months ago. Seems
I too signed on with PDL Assistance about two months ago. Seems like most of the money goes to fees. Has anyone really had any sucess with these outfits?
HELP
Can someone please email me at email address removed per TOS rules, and for your protection, by Shazzers for help with PDL Assistance? I have been enrolled for a couple of months, but I can't see where they are helping me at all. I would rather not tell all my amounts publicly, but if someone can help me figure out how to do this myself. I would be thankful. I have 6 loans, some of which I have been extending for well over a year. It was ridiculous, so I enrolled with PDL back in September. I closed all accounts and got rid of my phone to stop the calls and this month, I closed the account that PDL Assistance has to prevent them from drafting and getting more of my money. Any help would be greatly appreciated!!
I have 4 loans Impact Cash - 150. paid The Cash Spot - 270 pai
I have 4 loans
Impact Cash - 150. paid
The Cash Spot - 270 paid
Global Finance Solutions - 567. paid
SignMy Loan - 774. paid
The money paid has all been refinance charges
How do I find out which ones are legal and how do you go about settling on your own.
I am considering Can anyone help?
PDL
I have just enrolled in PDL Assistance. I have 7 internet loans. They have explained everything to me in detail. Fee's, and payment process. They even explained I could cancell at any time, but my money would not be refunded. Has anyone had success with this company? My fee's every two weeks were almost $900.00. I gave them a list of amounts and phone numbers. I should be debt free by the end of the year. I have called several times in a panic situation and they even explained how to handle the creditors phone calls. It is worth to me to pay the fees if I can clear this mess up.
PDL Assistance
I just talked to someone at PDL Assistance, and when I hesitated about using them, the woman hung up on me! I WOULD NOT recommend PDL Assistance!!
CASH ASSISTANCE
I have several out there as well and i did go the bank today to close my accounts ..thaey have to put a block on your account so it wont reopen up ...and i havent yet signed up the pdl assitance yet but i plan too am i making the right choice ?
DORENE, you can search the forums to get more information. Some
DORENE, you can search the forums to get more information. Some seem to have luck with them which others were disatisfied.
I signed up with them but after thinking about it, how stupid wa
I signed up with them but after thinking about it, how stupid was it to spend all that money in fees?! And then when your educated on pdl's and laws its actually easy taking care of it yourself.
If its the calls and harassment your scared of, just know that any settlement company can't stop that.
That is very true. Enrolling in a PDL consolidation company does
That is very true. Enrolling in a PDL consolidation company does not garauntee peace of mind.
Guest wrote: Quote:I signed up with them but after thinking abo
Guest wrote:
Quote:
I signed up with them but after thinking about it, how stupid was it to spend all that money in fees?! And then when your educated on pdl's and laws its actually easy taking care of it yourself. If its the calls and harassment your scared of, just know that any settlement company can't stop that. |
You hit the nail on the head, IMO.
I signed up with PDL and was completely lied to! I was told not
I signed up with PDL and was completely lied to! I was told not to worry about closing my account or getting any phone calls. Unfortunately, that is not the case. They have cost me over $200 in bank fees and will not refund my money
I have four loans & they are all store front. I have put stop p
I have four loans & they are all store front. I have put stop pays on three of them-two for checks i wrote & one that is EFT. I had started the enrollment with PDL but put it on hold because I am just so far behind in my monthly bills that I can't afford the fees. It will be at least two months before i can even think about enrollment. Is there any way to do this on my own?? I owe:
Quik Cash $531 so far I have paid $720 just in fees
Advance America $535.50 & so far I have paid $1,140 in fees
Western Shamrock $636 paid $200 in fees
King of Kash $780 paid $720 in fees
I live in MO & need to get out from under this ASAP!!! How far can they go to collect?
Well this depends if you physically wrote the check with intenti
Well this depends if you physically wrote the check with intention of fraud. Also it depends on the state you reside in. I believe some states prohibit criminal charges on written checks.
PDL Assistance
Hi, I have just signed up for PDL Assistance and after reading some of these posts I am now wondering If I should try to negociate myself. Can someone tell me how to negociate with the PayDay loan companies? Also I have not paid my $200 fee yet with PDL, is there anyway I can still cancel? Any help would be appreciated. I have 5 Pay Day Loans all done through the internet.
Please tell us the state you are in and the names of the compani
Please tell us the state you are in and the names of the companies.
PDL Assistance
I live in PA and the compaines are:
Pay Day One
One click Cash
Loan point
Integrity advance
Next day cash
I am pretty sure the only legal one is PayDay One. I will dou
I am pretty sure the only legal one is PayDay One.
I will double check the PA database though.
In the mean time you can go here and read up on the steps to take when dealing with illegal lenders.
You only owe the amount borrowed. Any fees or rollover charges apply to that amount.
You can do this on your own.
PDL Assistance
Thanks for the help! I am going to attempt to do this on my own. One question, for the legal one, Pay Day One, how do I deal with them, or am I locked into just paying them back?
After you get your account secure contact them with an ACH withd
After you get your account secure contact them with an ACH withdrawl. If you can get it to them three days before the ACH is due to post then they may work out arrangments then. If not then the ACH will hit and be denied then you can contact them about payment arrangments.
They are very easy to work with and have one of the nicest customer service dept. They usually will break the loan up into four payments over four paydays.
Since they are legal you do owe them the whole amount.
PDL Assistance
Hanna,
Thanks for your help. I sent all my letters today, and I sent out emails yesterday. Here is one of the responses I got back from My Next Day Cash:
By revoking authorization on your account, you are, in effect, defaulting on your loan. In which case your account will be sent to an outside collection agency.
How should I respond back?
You have the right to revoke the ACH. That is not default. Th
You have the right to revoke the ACH. That is not default.
They are not licensed. They can send to collections all they want. The loan was illegal and so is the collection on that loan.
You only owe what you borrowed. What did you borrow and what have you paid back?
PDL Assistance
I borrowed $400 and I have paid $240, in my letter I stated that the amount I borrowed, the amount I have paid to date, and the remaining balance which I am willing to pay once they send me an address where I can send checks and something in writing acknowledging that is the balance remaining.
I guess my question is, how do I proceed? If they do send it to a collections, and it is illegal will that still hit my credit?
In most cases illegal lenders use illegal collectors. They have
In most cases illegal lenders use illegal collectors. They have to be licensed as well.
If an legal collector should happen to get the debt then when you inform them it was illegal they usually back off.
Most illegals do not report anything to credit bureaus. If they do then dispute it.
I would just send them the letter again and include that you are not defaulting as you are willing to pay what you legally owe if they will agree to the amount and either give you an address to mail payment or you could use a prepaid card.
Tell them no arrangments, no payment.
All good advice nohiogal. Please do not put anything past an
All good advice nohiogal.
Please do not put anything past any lender whether they are Illegal or Legal. Do as nohiogal stated and send the letters out for assurance.
PDL Assistance
I received a response from one of the illegal lenders today. It is a settlement agreement (it is a PDF not sure how to send it). Could someone help me read it, a lot of it is jargin and I do not want to sign without getting a second opinion. The only thing upfront that I do not like is that the loan is for $400, I paid the fee of $120 once, so technically I own $280, and they want to settle for $400. Your opinion/advice would be really appreciated.
Well we do not have to read anything to let you know that is a b
Well we do not have to read anything to let you know that is a bogus settlement.
What is the PDL name?
PDL Assistance
The name is Integrity Advance. They say I own $835, but i initially borrowed $400. Should I keep pushing until they settle for the $280 that I actually still owe.
YES YES YES!! What state are you in? Did you verify they were un
YES YES YES!! What state are you in? Did you verify they were unlicensed in your state?
PDL Assistance
I am in PA, when I first posted nohiogal was the one to inform me they are illegal. They said in their response to me that they are licensed in Delaware and do not solicit people from PA (which is obviously not true since they gave me the loan)
I would push for the $280 settlement if it were me.
I would push for the $280 settlement if it were me.
Yes, I am also with pdl assistance and so far everything is goin
Yes, I am also with pdl assistance and so far everything is going ok, but it is the same with any debt solution program it took some time, but know they cant call your job if you do you can complain to the federal trade commission, it got so bad that I had to change my number so far everything is working out with me with pdl assistance.
I am thinking aobut using PDL assistance.....I have 5 loans. My
I am thinking aobut using PDL assistance.....I have 5 loans. My question is..if I've repayed the loan, then had to take it out again how does that count on "repayment" - that starts clock over since it was a "new loan" even if I payed of (example Cashnet USA because you have to) but then had to get new loan immediately after ?
I'm in Texas and don't know which of these are legal / not legal. From reading posts I'm seeing cashnet is legal?
Global Financial Services (GFS) $40.00 renewal / 375 principal have renewed at least 6 times...too many to count
VCF - $500.00 have renewed once (150 refi charge)
PDL - $355.00 - have renewed once (105.00 fee)
Eastside lenders - have renewed 5 times $250.00 fee / $1000.00 loan
Cashnet usa - have renewed on new loan twice - $275.00 fee / $1500.00 balance.
I bank with Compass / BBVA - don't know if I close the account - again in TX? Is that worse?
I am ready to use PDL assistance if they really can help me - they seem to know all the lenders and gave impression I could get settled and paid off in 8 months. I'm desperate....I guess just like everyone else on this forum. Fees are KILLING me....Make good $ but divorced single mom, bad credit from prior marriage - 10 year old vehicle that has needed major repairs....can't buy new because of bad credit ex hit me with - can't seem to build savings. If I could get this worked out I will NEVER get in this situation again! Any advise is greatly appreciatedl.