Lra need help
Date: Mon, 01/04/2010 - 21:21
Also I live in ny and the original amount of the loan was for 30
Also I live in ny and the original amount of the loan was for 300 and I had paid them175 so far
I have no problem paying what i owe, but I don't want to pay 300
I have no problem paying what i owe, but I don't want to pay 300 more than I should
was this a payday loan? (i never heard of this company, so I'm s
was this a payday loan? (i never heard of this company, so I'm sorry!) is your bank account secured? If it is a payday loan, than all lenders are illegal in New York.
It's a ca collecting on a payday loan. I'm just not sure of the
It's a ca collecting on a payday loan. I'm just not sure of the process of requesting debt validation.
I am assuming than that the loan was not legal, as they are proh
I am assuming than that the loan was not legal, as they are prohibited in your state. I would send a debt validation to them asap, stating that the loan was not legal and you are only going to pay what is left on the principal amount borrowed.
Quote:Originally Posted by islefan3949I recieved a call today fr
Quote:
Originally Posted by islefan3949 I recieved a call today from lra saying they are collecting for Vince enterprises. They say that I owe 480, which definitely isn't the case. I owed Vince 125. What are the Steps I can take as far as a debt validation letter. What do I tell them when they call? Any help you can give me as far as what I should tell them would be very helpful. Is there a letter I should send to them? |
do search in the top right bar.it should provide an address.LRA is a bottomfeeder that collects on illegal loans.when they call say you will not speak to them until you receive something in writing.then end the call.
What is the difference between the debt validation letter and th
What is the difference between the debt validation letter and the debt verification letter? Which do I send them?
send them the debt validation letter. it basically forces them t
send them the debt validation letter. it basically forces them to prove that they own this debt and that this debt is legally yours. basically, all things that they will not be able to even answer..
So when they call later, what should I tell them? That I'm send
So when they call later, what should I tell them? That I'm sending them a request to validate the debt? Like I said I'll pay what I owe.
Quote:Originally Posted by islefan3949So when they call later, w
Quote:
Originally Posted by islefan3949 So when they call later, what should I tell them? That I'm sending them a request to validate the debt? Like I said I'll pay what I owe. |
Tell them you will be expecting their documentation in the mail which validates this debt, until then they are in violation of the FDCPA if they make ANY attempts to collect on this debt during the validation period (which includes calling you), or, you will not hesitate to file complaints against them for violating the FDCPA.
shazz gave good advice.. if they do break the FDCPA laws (which
shazz gave good advice.. if they do break the FDCPA laws (which is likely), make sure you have everything documented.
thank you all very much for your help. I'll send those letters o
thank you all very much for your help. I'll send those letters out today.
Again thank you all very much for your help. I just spoke with t
Again thank you all very much for your help. I just spoke with them and the guys I spoke with was actually friendly about it. I'll send the dv letter today. I may have a few questions in the future as to what my next steps would be. like what do I do if i actaully get something in the mail from them?
Quote:Originally Posted by islefan3949Again thank you all very m
Quote:
Originally Posted by islefan3949 Again thank you all very much for your help. I just spoke with them and the guys I spoke with was actually friendly about it. I'll send the dv letter today. I may have a few questions in the future as to what my next steps would be. like what do I do if i actaully get something in the mail from them? |
Cross that bridge when you come to it, the chances of them actually validating an illegal loan are slim to none.
Ok just heard back from them, they said they will send the info
Ok just heard back from them, they said they will send the info to me. they said that while the process of validating is going on that interest may still be added to the account is that possible? Also should I include a copy of the pdl laws for ny with the letter I send because he's telling me that the money I paid the pdl was going to fees and not to the principle? Which I know from the great advice of you guys is not the case.
No, not possible.. actually because they are illegal no interest
No, not possible.. actually because they are illegal no interest at all is to be added. you can fight this after you get the letter, if you want.
and yes, include your state's laws in there. keep reminding them that you are fully aware that they are not legal and refuse to pay them anything but the principal.
thank you again for all your help. I will include the ny pdl law
thank you again for all your help. I will include the ny pdl laws when I send the letter, it seems that I will be getting something from them. The first guy I spoke with when they called back was really rude and tried to scare me into paying now, but thanks to all your help I held firm. Then a supervisor got on the phone and assured me that they would get the paperwork together "as it's my right" as he put it. So after I do get the letter am I entitled to tell them that i will only pay the principle?
Hang tough, after LRA got my certified letter asking for a DV
Hang tough, after LRA got my certified letter asking for a DV I havent heard from them at all. Its been over 2 months...........
Did you speak with them before you sent the letter? I spoke with
Did you speak with them before you sent the letter? I spoke with them earlier and the guy I spoke with made it sound like they would have no problem sending something to me. I faxed the letter over to them already and will be mailing it tomorrow.
I spoke once to them. She was the most obnoxious, rude, bruta
I spoke once to them. She was the most obnoxious, rude, brutal woman you've hever heard. Talked down to me like I was some slimeball. Classic collection tactics. I said good bye, sent the letter, got the receipt that they received it, havent heard from them since.......
Yeah the same with me when I first talked to someone there, but
Yeah the same with me when I first talked to someone there, but the supervisor I spoke with actually wasn't that nasty and new about what I was talking about with the letter. So I'll see what happens,
Good luck, keep me posted, Ill let you know as well.
Good luck, keep me posted, Ill let you know as well.
Was your situation similar to mine where they were trying to col
Was your situation similar to mine where they were trying to colect for more than you owed for the payday loan?