Can Collection Agency Collect on PD Loan

well yes both SSM,and NCA are bottomfeeders.a couple of questions

1)how much was borrowed from SSM
2)how much was debited before default

if the amount debited meets or exceeds the principle borrowed you owe nothing.send NCA a DV(debt validation) letter certified mail return receipt.being as this was an illegal loan NCA won't be able to validate.do not admit anything and send the letter.

I got 300.00 but they debited on the wrong day and for the wrong amount - it overdrew my acct so the bank sent it back NSF then I got a bazillion od fees and then the bank made it deposit only - they only tried to debit once that I know of- so technically I owe them 300.00 and I will pay it but who do I pay it to? And how do I go about this? It has only been 2 1/2 weeks since the initial debit so why they moved so quickly I don't know

well an illegal pdl will move quickly no matter when the debit was returned.you could have had 10 debits,but once one doesn't go through man they are quick to contact.again send the DV letter to NCA and wait.do not give this bottomfeeder,or SSM any new info in fact block SSM from your account and try to pay by money order only.it's their fault they illegaly lent.

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