Mypaydayloan.com debt validation
Date: Thu, 01/28/2010 - 13:55
I took out a loan with mypaydayloan.com for $400, I've paid $250. I've sent them my C&D letter numerous times and they kept saying I owe $700. Then I got a letter from a collection agency, Detex Agency & Associates. I sent them a debt validation request via certified mail. Today I got a response from them but it only included the online contract. Is that enough to validate the debt? I don't understand why a legal collection agency would try to collect for an illegal lender.
Do I send another debt validation letter saying I need more information?
I'm in Indiana, btw.
Thanks!
Do I send another debt validation letter saying I need more information?
I'm in Indiana, btw.
Thanks!
Then you will need to send them a debt validation letter via the
Then you will need to send them a debt validation letter via the mail, certified return receipt requested. You can find a good sample letter at this forum, I would also request a copy of the original lenders (Mypaydayloan) license number to extended loans in your state, as well as the collection agency. Make sure you send this out BEFORE the 30 day window.