logo

Debtconsolidationcare.com - the USA consumer forum

Forums
  • Latest topic

Couple of questions

Date: Thu, 03/30/2006 - 12:44

Submitted by whitetigerwy
on Thu, 03/30/2006 - 12:44

Posts: 23 Credits: [Donate]

Total Replies: 4


I have a PDL company that wants me to send in the total that is owed tomorrow. If I do this I will have nothing left and I am pushing off my house payment until the 15th as it is. My question is what happens if I only send them part of it? Will they send it back? Will they continue to call me and make threats? How can I get them to stop calling me at work? Any information will be helpful. Thanks


basbury

Welcome to the forums! I'm assuming you've already defaulted on your loan? What lendor is this with? Most lendors are asking you to send in the full payment, usually on your next payday. One warning that you need to be aware of, is that they'll go ahead and attempt to get the full amount back via a debit through your checking account. Even if they claim you've already been turned over to their collections department, and they'll only accept a MoneyGram payment, most of the contracts state they'll attempt as many debits as needed to get their money back.

If you can only afford to pay them 1/2, then move the rest of your money into savings, until your next payday. Remember though, that each time they attempt to get their money and there is an NSF attached, you'll be facing another fee.

Regards-
Mike


lrhall41

Submitted by Teleport on Thu, 03/30/2006 - 12:50

( Posts: 1388 | Credits: )


IF you post the name of the company you are dealing with, maybe other members of the community have had experience and can offer advice based on experience. Likewise someone maybe offer to relates their experiences if they needed to make special arrangement or defaulted on their loan (While I actively advocate NOT TAKING PDL's, if you most, at all cost try not to default on them)


lrhall41

Submitted by LCW on Thu, 03/30/2006 - 12:53

( Posts: 1151 | Credits: )


This is from 2004 and the account was closed by the bank over a year ago. I did not give them my new banking infomation and don't plan too. He gave me the money gram info for the company. I don't want to name the company here (I did yesterday and he called me back and made threats about slander against him and his company) but would gradly send it to in a PM if you would like. Thanks


lrhall41

Submitted by whitetigerwy on Thu, 03/30/2006 - 12:53

( Posts: 23 | Credits: )