ACE Cash Express - California
Date: Fri, 10/01/2010 - 08:31
I said because of all the PDL's I have t pay back, I can not offer more than I can realisticly afford. There reply...'Then we are going to take whatever action we can within the state laws. Thank you. She quickly hung up on me and didn't even give me a chance to reply.
So they would rather spend more money and time to collect $309 when they could have been paid off by January. Go figure. Will it now go to a collection agency?
My question is this. What should I do? Just go ahead and make my payments to the store in question anyway till it's paid or, what other option might I have. Should I maybe try to call back and talk to a different person? I want to pay them but can't pay them what I don't have.
Thank you all for any help. -Ken
I suggest you call back. Try to get a manager at the corporate
I suggest you call back. Try to get a manager at the corporate office on the line to help you set up a payoff arrrangement.
Okay I took your suggestion. This new guy said it that is all I
Okay I took your suggestion. This new guy said it that is all I can pay then go back to the store, mention that it is a collection account, and pay what I can when I can. Meanwhile the account will be sold off to a 3rd party and then I will have to deal with them.
Now wouldn't they end up getting more money from me by letting me pay them than by selling it off for less money? I just don't get the thinking with this company.
Now if I wait to hear from a collection company on this will I end up paying more than the $309 I owe?
Quote:
Originally Posted by OhioGal1 I suggest you call back. Try to get a manager at the corporate office on the line to help you set up a payoff arrrangement. |
Quote:Originally Posted by Ken YaeckerOkay I took your suggestio
Quote:
Originally Posted by Ken Yaecker Okay I took your suggestion. This new guy said it that is all I can pay then go back to the store, mention that it is a collection account, and pay what I can when I can. Meanwhile the account will be sold off to a 3rd party and then I will have to deal with them. Now wouldn't they end up getting more money from me by letting me pay them than by selling it off for less money? I just don't get the thinking with this company. Now if I wait to hear from a collection company on this will I end up paying more than the $309 I owe? |
The federal law prohibits a debt collector from collecting any amount (including any interest, fees, charge, or expense incidental to the principal obligation) unless such amount is expressly authorized by the agreement creating the debt or permitted by law.
I received a message on my answering machine from someone at thi
I received a message on my answering machine from someone at this office yesterday, stating that they were instructed by their attorneys to contact me to try to settle a civil dispute, and if I did not return their call, they would issue a subpoena for my last known address and employer on October 15th. I have no idea what this is about... Judging from the previous posts, I'm assuming that this in reference to an old payday loan in 2008. HOWEVER, this is the first time that I have heard from this debt collector, nor have I received any correspondence from these, via mail. How should I handle this situation???
Quote:Originally Posted by AnonymousI received a message on my a
Quote:
Originally Posted by Anonymous I received a message on my answering machine from someone at this office yesterday, stating that they were instructed by their attorneys to contact me to try to settle a civil dispute, and if I did not return their call, they would issue a subpoena for my last known address and employer on October 15th. I have no idea what this is about... Judging from the previous posts, I'm assuming that this in reference to an old payday loan in 2008. HOWEVER, this is the first time that I have heard from this debt collector, nor have I received any correspondence from these, via mail. How should I handle this situation??? |
Call them back and inform them they are required by federal law (FDCPA) to FIRST send you a dunning letter (letter of collection) which will give you 30 days to dispute it or admit it is your debt (which you should not until you receive proper validation in the form of documentation).