Payday Loans

Go throughthis thread to know the answer debtconsolidationcare.com/paydayloan/about51773.html

Check the BBB site, also if you type the name of the company in the search box located in the upper right hand corner of this forum you can read what other members say about this company. Good luck! :)

I have just started with Destination debt solutions and they have been working with my creditors from day one. I already have 2 loans out of 10 taken care of. I would highly recommend them. So far so good!!!

They are awesome! Destination debt solution has worked with me and I will be on my way to being debt free in 6 months! They have answered all my questions and honestly and truly care about helping me eradicate my debt. Not bad :)

Internet

Impact cash- 390.00
Cold Cash Today-390.00
Vince Enterprises-325.00
SQG Ltd-325.00
Avantis Financial-325.00
Payday-loan-yes-325.00
Store Front

Advance America-680.00
Check into Cash-425.00
Paycheck-400.00
Ace Cash Express-565.00
MoneyTree-795.00
CheckMaster's-630.00
Cash1-345.00
EFC-230.00

I know I am the idiot for getting involved with these people. Let alone the number of them. I know I have an obligation to repay them. Payday loans were the reason I lost my job. I was to distracted by the continuous cycle that I started making too many mistakes. I do thank god that my boss gave me a second chance. I just want to pay them off an get my life back. All but EFC are defaulted or in collections. HELP !!
I live in Washington State

I to have just started with debt solutions, we are just in the beginning process, 1 week. So far only one pdl is hounding me, even called me at work! So we called dds to help, to stop that caller. Praying that dds is our awner to some stupid mistakes.

I was just wondering if anyone has heard of destination debt solutions I want to consolodate my payday loans and wanted to know if this was a legitamite company? any info would be helpful Thank you if you could please e-mail me with any email address removed per TOS rules by Shazzers

Please look locally for a CCCS company that will NOT charge you a fee. I am working with DDS from the other side as a creditor and the only reason that I will agree to the proposal is due to the customer. She is one that we have a great relationship with and therefore am willing to deal with these "yahoo's". Having dealt with counselors/consolidators for 10 years, they rank right up there with Town & Country as the reasons most PDL's will not work with credit counselors.

pdl owner, thanks for that advice - i worked out mine by myself but those companies always made me a bit uneasy.

I recently spoke with a DDS representative, and he sounded somewhat shady. He basically told me he could NOT help me unless I was willing to close my account. When I told him that closing my account would exacerbate my problems, because I would have difficulty paying rent and other bills, he said, "If you can find another solution, then please let me know, because I don't know of any other one. I understand your concerns but that's the only way. Listen, I have all of my bills connected to my bank account so I understand." I told him my attorney friend suggested a reputable CCCS company and told him the web address, he said, "Hmm, never heard of them, I have to check them out." I also told him my attorney ADVISED against closing my checking account. He told me that he'd been doing this for years and this was the ONLY way to help get me started and he wasn't w dilling to help me unless I closed my account at this particular bank, which I love.

I told him if he couldn't work around me keeping my account open, then he wasn't worth the $229 he was charging. Oh, and he also chuckled when I asked him what his asking price was. I relayed the strange call to my attorney friend, and she told me not to use the company and that there are in fact CCCS companies that will help you for FREE. The attorney friend of mine said many of these companies are banking off of PDL customers and are making a killing off of this industry. Because they know people get into binds with PDL companies and are desperate. That they're no better than the lenders. She said one of her clients commissioned a company to help her consolidate her loans. She said they gave her similar advise, took their fee, and didn't do anything for her, so the lenders were still on her case. And when they tried to contact the company that was supposed to help her consolidate her loans, the number had changed.

It's better to hire an attorney, or if you have a friend who's an attorney, to write a cease and desist letter to send to the lenders. Essentially that's what these companies are doing, and are charging ridiculous fees to do that same thing.

Find a reputable Consumer credit counseling company to help you. Look them up on the Better Business Bureau or go to a Bankruptcy site (usually found on any superior court website).

I'm in the same situation, and my friend has given me some valuable advise for FREE.

One website she suggested was: Moneymanagement dot org

Coff007 - i don't know if you still looking for consoladation for you're loans but all companies make you close your account. i talked with langhorne, pdl assistance and destination and all want the same thing. i am working with dds for 4 months now and i like it a lot my conselor is always friendly and the calls stopped like they said would happen. also i never closed my account i did what my conselor asked and told my bank to make a "hard hold" and everything worked great. no more money leaving my account and i will open that account again as soon as im done with my program. sorry you had a bad experince with them.

I have to get some help from someone to take care of the pdl's I have accumulated. I don't know who to trust or what to do.
Publisher's Clearing House is not likely to show up on my doorstep so I need something more certain and dependable. I can't afford more scams and debits from my account.

What are the names of the PDLs? What state do you live in?

funny how all positive reviews about DDS are deleted (as I'm sure this post will be)
DDS is great. They are the best in the business. This website is extremely bias. Look at the url you're at.. obviously they are scared of the competition.

don't know what the humanoid is driving at,but if DDS is considered competition.don't make me laugh.

Companies like DDS, Langehorne debt sollutions and a list of other payday loan debt solution companies are not licenced collection companies and can not stop any collection company from calling you or reporting your bad debt on your FICA score. They offer lower rates (all monies to be paid to them) and promise to get your debt taken care off. In the end, you still will be harrassed by creditors, your debt is reported to Trans Union, Equifax, and Experian and the money that you paid to these companies will account for nothing.

I just wanted to add in that I have been working with langhorne and so far they have been nothing but great. My counselor is always friendly and together we're on our way to getting me out of this mess. And so far they've been able to settle my accounts for less than what the payday loan companies were asking when i was dealing with them alone. They also were able to stop all the phone calls and contact

Thank you for sharing that bit of information.

Ok, I just got off the phone with Langhorne. I have been comparing all this different companies. They do not really handle store front loans. They advise you to do it yourself. You have to close your bank account and open a new savings account, then you have to deposit money on the account every two weeks and out of these money they take their fees and the rest stays there until you save enough to payoff your loans individualy. They settle your loans with the lenders but you are the one that makes the payment. They charge $100 for getting you started in the program and after this you pay a fee based on how much you owe the lenders. The difference between them and destination debt solutions is that the second company pays the lenders instead of you. You put the money on the savings account and once you have enough to settle a debt, they pay that off. DDS dont charge a fee every two weeks. They only charge $200.

I just started with DDS and they did reccommend I close my account, but thenn to open another. This is to prevent predators from getting in. It makes sense to me.

I was just notified that dds negotiated one of my loans from $1324 to $490...in 6 days. so far so good.

[COLOR=black]DO NOT WORK WITH DDS. They seemed like a great company at first and my counselor was super friendly. I thought I was making a great choice and followed their instructions completely by putting stop payments on any outstanding debits, closed my bank account, and opened a new one with another bank and also their company Global Client Solutions. I had 6 outstand loans. I made my first payment with them of $281.00. About a week before my next payment was due, I logged onto my GCS bank account(which is where they say you can go and see all payments you???ve made and where/who they???re going to) and my balance was $0. I immediately called my counselor and asked what happen to the $281.00. She told me they had taken it for their fee. Fee? I was never explained any fee was going to be charged for their services besides a monthly fee of $35.00. When I asked her to break down the fee she told me they charge 30% of your total debt! WTF???!!!!!!! Nowhere was this listed in the paperwork I had to sign and NEVER was it mentioned by my counselor. My total debt was about $2600 and 30% of that was almost $700 on top of $35/month! Not to mention they were taking their fees first before they were going to pay off any of my PDLs. I asked them what made them think that anyone who needed their services had an extra $700 laying around and their only reply was 30% is better than the 400% PDL companies charge. Are you kidding me? There services isn???t even guaranteed. Most PDL companies will not even work with 3rd parties and can still take you to court. There was no way in hell I was paying them. I immediately canceled my service with them and am currently working out the loans on my own. When does the ripping off ever stop?[/COLOR]

Your post needs to be made a "sticky" at the very top of the page!!!!! PDL Eliminators, DDS, ect are doing you no favors!!! As you have learned, they charge you a ton of money to the very thing that you or a non-profit can do at NO cost!

I agree with PDLOwner...I went through a non-for profit agency in my local town and they were great. They charged me nothing and they understood the laws that pertained to my state the best.

I used a company called Payday Loan Debt Solution to help me settle my payday loan debt! They are the best! 877-229-4816.

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I am considering DDS. I actually have the papers right now. I'm just so worried that i will get scammed. you wrote this post in January. Do you still feel the same way...

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DDS started paying my payday lenders around the first of the year. They will have my last lender paid off the end of July. One store did cause problems with them (Checkmate) which I was aware they possibly would. I highly recommend DDS. From the beginning, the counselor that set me up let me know of some of the places that don't work well with them (some internet Payday places that I never used).

Yes, and they do not negotiate your debt. You must be prepared to pay the whole amount. On the other hand DDS and others do a lot of work to decrease the debt and therefore do charge for the privelage of working for you. The results of my research were:

CCCS = $1886 per month on $10,000 debt for 12 months

DDS = $1012 per month on $10,000 debt for 12 months

They are paid handsomely but when you are getting rid of debt that has 500-700% interest on them for a 30% rate you can see the savings in black and white.

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DDS is great!! This is my second time working with them and when I was done with my first time they sent me a check for $175 because they negotiated with the PDL's and got a lower payment!! I would highly recommend this company to anyone that took out those stupid pay day loans like I did. Also, they advised me that if a PDL doesn't have a license number, the loan is null and void and illegal, so I don't owe that company money.