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Debtconsolidationcare.com - the USA consumer forum

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Date: Fri, 02/12/2010 - 09:27

Submitted by Donna1264030061
on Fri, 02/12/2010 - 09:27

Posts: 54 Credits: [Donate]

Total Replies: 1


I took out a loan in the amount of $325, with a rollover fee of $98.50 for a total of $423.50. I have renewed this loan 8 times to the tune of $788. They just sent me an e-mail telling me that they are willing to settle at a discounted rate. Of course they didn't mention what that amount was. They told me I have 7 days to respond or they would send it to collections. I live in the state of Arizona. If they are illegal in my state, shouldn't I just counter offer for a PIF?