Starting the self payday loan consolidation process...
Date: Tue, 09/14/2010 - 13:47
Ok so I just wanted to first thank everyone on this board who has given me advice on dealing with these theives. I closed my bank account with Chase last week (after much debate they promised that the lenders would not be able to put through any charges be it ACH or check). I sent the letter to the lenders last week as well via e-mail and fax. I haven't heard a single word from them and not a single phone call. I logged into my account with them and it lists my loans as "unavailable to give more information". I can only assume they are waiting to see if they can put through any charges anyway before they start the harrassment. Tomorrow is when they would have put the charges through so I hope Chase keeps their word and that these lenders just send me their addresses to just be done with this whole mess. Sorry for the drawn out story..lol
Best of luck Jaecruz!!!!!! Keep us posted about the proceedings.
Best of luck Jaecruz!!!!!! Keep us posted about the proceedings.
Update
So a week later - only Paradise Cash has reached out to me. None of the others have even called, e-mailed, or anything. Paradise offered to work something out but they want their full $250 even though I've already paid $50 - so I'm going to try to get them to just take the $150 that I'm offering to pay them but we'll see.
I have to say I'm really surprised the others haven't contacted me - especially since they've had their ACHs denied.