confidential mutual release agreement

what is it that they are wanting you to sign a release for?

which company is this?

the company is integrity advance and they say this is a limited one time offer to release me from the outstanding balance of my loan. they also said in their email as well as the agreement paper that i'm not to disclose to any third party, other than attorney or accountants and to be keep in the strictness of confidence and that in the event of disclosure they would be entitled to recieve from me at least $10,000 in liquidated damages?

I got one of those from my pdl (although it was a settlement offer letter). They accepted what I had paid and included a refund check for extra fees over the balance borrowed. I signed it, made a copy and sent it back.

if the company is not legal, i would not sign and send anything back to them.. it just seems like it is asking for trouble.

i agree with bea.if you overpaid the loan.they can email you a PIF.you are asking for trouble giving an illegal pdl you overpaid your actual signature.especially a place like integrity.

OOPS, guess I made a major boo-boo. Never thought of that. I was overjoyed to get a refund check and a PIF letter, it never entered my mind about the possibility of their using my signature. I hope it doesn't come back to bite me in the **

I definitely would think twice about signing anything like that; esp. with that clause about disclosure and $10,000 in liquidated damages? Not quite sure what that means without having read the whole letter, but these outfits are SO tricky, you have to be very, very careful.

thank you so much for everyone's guidance I'm definitely not signing anything. I'm blessed to have found your website