loan over due/harrassment
Date: Wed, 10/27/2010 - 07:14
i have a personal loan out with a local finance company.. i,ve been 4 months behind about $400.00 in debt.. no i'll be honest i havn't been answering their calls.. but just this morning one of their employess showed up at my home asking for their money.. mind you this company is in another city about 30 min away.. she had a map quest printed out and everything.. saying if we didnt pay we were going to get sued.. i live in louisiana.. can some really do that are is that against some kind of law or even harrassiment.. please let me know how serious this is and how i should handle this.. because right now im in a tought spot and they just want their money.. thanks
Quote:Originally Posted by heather.ravedi have a personal loan o
Quote:
Originally Posted by heather.raved i have a personal loan out with a local finance company.. i,ve been 4 months behind about $400.00 in debt.. no i'll be honest i havn't been answering their calls.. but just this morning one of their employess showed up at my home asking for their money.. mind you this company is in another city about 30 min away.. she had a map quest printed out and everything.. saying if we didnt pay we were going to get sued.. i live in louisiana.. can some really do that are is that against some kind of law or even harrassiment.. please let me know how serious this is and how i should handle this.. because right now im in a tought spot and they just want their money.. thanks |
I have never really heard of the actual creditor going to the clients door as a collection agent. Usually they will send certified letters or a courier. ANd then if anyone shows up at the door it would ususally be a process server. I would think a reputable company would not actually do this. Have you ever checked them out on the BBB or Googled their name with complaints in the search bar? What is the name of the company?
You should know your states' laws for this. And, as Ken posted,
You should know your states' laws for this. And, as Ken posted, tell us the name of the company. Since you have taken the loan, you have to pay it back. But, the procedure should be proper.
