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Proposal letter for settlement

Date: Sat, 05/31/2008 - 13:41

Submitted by everythingbagel1
on Sat, 05/31/2008 - 13:41

Posts: 6 Credits: [Donate]

Total Replies: 11


Would the experts/experienced mind commenting on these letters?
----------------
VERSION I: Lender not licensed and they owe me money.

Dear Payday Loan Lender,

This letter is a proposal for settlement of my payday loan account with “paydayloan company”. My loan number is 00000000. Please note the following:

i) I am working with a financial counselor to settle this matter.
ii) I am aware that your company is not licensed to make loans in the United States.
iii) I am aware that my legal obligation is to pay off the principal on my original loan and nothing more.

As I have paid your company $zzz.zz and the original loan amount is for $yyy.yy, your company legally owes me the difference; zzz.zz-yyy.yy = $ppp.pp.

Here is my proposal to settle this matter: Mail a check, made out in my name, to my address, in the amount $ppp.pp. Please include a statement indicating that I have paid my loan in full.

I request that you deal with me through US Mail and e-mail only. If any representative of your company calls my place of employment or contacts, I will follow up with a lawsuit as that is harassment. Bear in mind that your loan is illegal.

Sincerely,

Screwed-no-Longer

-------------------
VERSION II: Lender not licensed and I owe them money.

Dear Payday Loan Lender,

This letter is a proposal for settlement of my payday loan account with “paydayloan company”. My loan number is 00000000. Please note the following:

i) I am working with a financial counselor to settle this matter.
ii) I am aware that your company is not licensed to make loans in the United States.
iii) I am aware that my legal obligation is to pay off the principal on my original loan and nothing more.

As I have paid your company $zzz.zz and the original loan amount is for $yyy.yy. Therefore my obligation to you is the difference; yyy.yy-zzz.zz = $ppp.pp.

Here is my proposal to settle this matter: I will pay the balance in X installments, in the following amounts, and on the following dates:

PAYMENT 1
PAYMENT 2
.
.
.
PAYMENT X

I request that you deal with me through US Mail and e-mail only. If any representative of your company calls my place of employment or contacts, I will follow up with a lawsuit as that is harassment. Bear in mind that your loan is illegal.

Sincerely,

Screwed-no-Longer


can anyone help me please!
I am needing address's for
Nationwide cash- online pdl
Sagomore- BB processing online pdl


lrhall41

Submitted by on Tue, 06/03/2008 - 04:30

( Posts: | Credits: )


dess:
Quote:

can anyone help me please!
I am needing address's for
Nationwide cash- online pdl
Sagomore- BB processing online pdl


I'll do some checking for you dess, but if you put the name of the company which you are searching addresses for in the search box, in the upper right hand corner of this forum, you will come up with a list of posts made by other posters, if you read through some of them the chances are you will find an address. :D


lrhall41

Submitted by Shazzers on Tue, 06/03/2008 - 04:43

( Posts: 17344 | Credits: )