Langhorne

There are dozens of threads on here regarding Langhorne. Put their name in the search box above.

I have done that before and I have seen some interesting comments but nothing that specifically discusses this situation that I have now found myself in. I have even posted positive things about Langhorne before.

You can get more information on Langhorne by searching them in this forum. just use the search engine uptop.

IMO, I would not settle with Ameriloan due to the fact they are ILLEGAL. Also you only owe what you borrowed with them.

more will be along to give advice :wink:

guess what, I have been with them since Oct 2008 too, and they too settled 2 loans for me so far (the second one has net been paid yet, as I am thinking about rejecting it). The first one was a nice settlement, however, the second one was settled after 'the big fees' were already collected and the terms are far from good. I also noticed a change in their approach now (after I paid a lot), for example it takes longer for them to respond, and in one instance, I received an offer (my third, still pending settlement) from a lender, and asked Langhorne for advise (such as if they feel they can get a better deal; if they would prefer to use the funds to settle with some other lenders first etc), and they basically said - it is up to you. I asked them to call the lender and try to negotiate little better deal, they said that I should call them myself since they contacted me. In other words, I am getting rather disappointed with them now, but I must say that they indeed stopped the calls and emails from lenders. Of course, I kind of expect them to start again soon....

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That's exactly what I was wondering myself..... But since now the payments are only about $20/month, I am still sticking with them. The fees have ben paid, so I do not really have a reason to cancel, I'll just see... who knows, maybe they will negotiate some reasonable settlements. Although, I think they will most likely do what they did to the first poster - try to get rid of me as there is no money to be made for them anymore.
BTW, the example I used was a settlement for $460 for an original loan of $350 (plus the lender was unlicensed plus I told them BEFORE the negotiation that I have currently $250 available). So not only they ignored my current funds, they also accepted rather crappy offer, IMO. And all the while the legal lenders (who I guess can really make my life difficult) are getting nothing (well, I actually am in touch with them myself). So beware everyone who is thinking about Langhorne. If I could have a second chance, I would NEVER go with them again. EVER.

I agree! The offer from Ameriloan - I know UGH! - was $465 on an original loan of $500. And of course, I paid several extension fees. Langhorne even said it was a lousy offer and that I could wait to see if they would come down later. I rejected it and know they are basically saying that I am not working the program. I also have paid all the big fees to them and am only paying $30 a month. The last email from them was that a manager would be contacting me to "discuss" my account. I think once you make the big payments they just agree to settle for anything and when you reject it they claim you are not working the program and basically, fire you. I told them I would not pay more than $150 to either Ameriloan or OneClickCash because I already paid almost 3/4 of the original loan amount. I don't know how this will all work out but I'll see what the manager of Langhorne has to say.

Well I hope it works out.

The worst part of the PDL debt consolidators is dealing with the illegal loans. You only owe what you borrowed but the companies like Langhourne don't care. They just want to settle it after they get their cut and won't take the extra step to really deal with them.

That is why we encourage people that have many illegal loans to settle them themselves.

Keep us posted.

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