Just faxed/mailed my first C&D letters and am so scared!

Date: Tue, 06/30/2009 - 10:50

Submitted by fortmoore85
on Tue, 06/30/2009 - 10:50

Posts: 52 Credits: [Donate]

Total Replies: 9

I am pretty new to this site, but it has given me some hope. I have a loan with Cash Transfer Centers due to come out on Thurs. I owe 600.00 and have paid them over 1000 in interest so far...my next payment is supposed to be 762.00. Then on Friday I have a loan with Discount advances due. I owe 1000 and have paid over 2000 in interest. In my C&D letter I explained that I have already paid the principal due and will not pay anymore...I also requested a refund of all of the extra interest I paid to these scammers. I am so afraid though of not paying them! I am afraid they will call my boss..who is also our HR dept, call my refrences and make my life a living hell. I am so embarrassed to have gotten myself into this mess. Can anyone offer any suggestions on what to expect and how to deal with the harrassment I know will come? Has anyone dealt with CTC or DA before?? I have already closed my account and no incoming ach debits will be able to force it open. Thank you!!

Have you checked to see if they are legal in your state? Is it

Have you checked to see if they are legal in your state? Is it an online company? A lot of companies are not legal in some states. Hold tight...someone will be along shortly to help you out. The following information would be helpful though,

is it an online company?
what state do you live in?

lrhall41

Submitted by sbillingsley90 on Tue, 06/30/2009 - 11:00

( Posts: 92 | Credits: )

Thank you...Yes, both are on-line lenders and from over seas and

Thank you...Yes, both are on-line lenders and from over seas and illegal in my state of KS.

lrhall41

Submitted by fortmoore85 on Tue, 06/30/2009 - 11:08

( Posts: 52 | Credits: )

Have you closed your checking account and opened a new one? Wit

Have you closed your checking account and opened a new one? With illegal lenders they will ignore your requests.

lrhall41

Submitted by SOAPLADY on Tue, 06/30/2009 - 11:16

( Posts: 17315 | Credits: )

Yes, my account is closed and I was assured that nothing -ach or

Yes, my account is closed and I was assured that nothing -ach or otherwise can reopen the account.

lrhall41

Submitted by fortmoore85 on Tue, 06/30/2009 - 11:18

( Posts: 52 | Credits: )

the calls will stop eventually, some places honor c & d letters,

the calls will stop eventually, some places honor c & d letters, so it might work.

lrhall41

Submitted by bea2ls on Tue, 06/30/2009 - 11:23

( Posts: 3840 | Credits: )

If they call my work I can lose my job.

lrhall41

Submitted by fortmoore85 on Tue, 06/30/2009 - 12:58

( Posts: 52 | Credits: )

fortmoore, i am going through something similar. i had my idenit

fortmoore, i am going through something similar. i had my idenity stolen about a year back and i have had crazy calls in the past. i would explain before the calls that someone is calling and it is fraud (perhaps bring this up to human rescources). not all places will call your work, and some respect the c & d letters. do not stress over this, the nightmare is almost over :)

lrhall41

Submitted by bea2ls on Wed, 07/01/2009 - 06:18

( Posts: 3840 | Credits: )

reply

did the OP give there boss/hr person a WAGE ASSIGNMENT REVOCATION LETTER?if not do so.cash transfer centers will try to submit a wage assignment.wage assignments are voluntary and revocable.get that letter in your boss's hands asap if you haven't already.

lrhall41

Submitted by paulmergel on Wed, 07/01/2009 - 06:42

( Posts: 15514 | Credits: )

Thank you all for your help....I will keep you posted on how thi

Thank you all for your help....I will keep you posted on how this process goes. This website is so helpful--It is the ONLY place that I have been able to find that offers good advice.

lrhall41

Submitted by fortmoore85 on Wed, 07/01/2009 - 12:13

( Posts: 52 | Credits: )