Problems with T & C and PDL co.

I know that when we first signed up our payment was higher than what we were initally quoted also but the help and relief they provided was more than worth it to us. Quikpayday will refuse if they don't get at least the $100/month payment but if you cannot afford more than what you initially stated then don't pay them more, they will accept it. We had some pdl's that didn't sign proposals but they accepted what we owed them.

A lot of us have had luck lately getting some of our outstanding balances zeroed out because we have overpaid them so much. I don't know what state you are in but if the laws regulate how much a pdl company can charge you can write them a letter regarding that.

Stick with T&C they are really helpful and will get your creditors to work with you.

Sue

Once you start getting some of those PDL's paid off and/or cancelled, your payment can probably be lowered. It's almost impossible to give a 100% accurate quote until they can bargain with all of the creditors.

I do understand NOW that it is next to impossible, but when I first contacted T & C I was told not to worry that every debt on my app. was with a co. that worked with T & C. Im just saying that they were a LITTLE misleading in their explanation and what I could expect. I am staying with T & C and I will pay my $102.00 a week for 4 mos. then my payment will drop considerably. I could allow it to stay the same and apply the difference to a higher debt, but I think I will let it go down and the rest of these jerks can wait fortheir money. I live in Alabama by the way and trufully cannot understand one word of my states laws on this matter. I have been on the site and it really made no sense to me at all. Im sorry I just got a little frustrated with the situation and needed to vent. Thanks!

I was told the same thing, that all of the companies I was signing under the program were ones they had previously worked with. I called today to remove one pdl company that had forgiven the balance, and found my payments were now going to be $602 a month. Quite a change from $300, and unaffordable. But as the others wrote, send what you can. The companies would be stupid to refuse money, it just reflects badly on them.

How when you dropped a pdl, did the payment go up that much? I have went from $171.00 bi-weekly to $90.00 bi-weekly. The payment should go down.

Tammy,
Three of the companies have refused the proposal, wanting higher payments. Two companies want payments of $286 a month. For one company, that was the initial loan pmt, for the other company it is HIGHER than the initial loan pmt. And why would I pay T&C 10% to pay the company's their regular payment?

There is no way I can pay that right now, so I'll just pay what I can for the next few months and then pay more. Odds are that by then the companies will have likely sent it to a collection agency anyways.

I understand now.

Tammy--I havent dropped anything from my original listed, but I also have not added anything either. The payment just keeps going up because of the co. not accepting anything lower than $100.00 mo. payments, when originally T & C told me $25.00 a mo. for these 2 co. I just does not seem to come as a surprise to anyone here that Quik payday does not settle for anything lower than $100.00 mo, why did T & C start with that figure to begin with when quoting me a weekly payment?Anyway, I will do what I have to do, it will take me 4 mos. to pay off these 2 co.s then my payment with T & C will drop, sorry I wasnt clear enough...

Why are these posts jumping around?

c_stephanie,

my post was for set 4 sail. Quik Payday tried the $100.00 payment and I told T&C to only pay them the $25.00 a month and that was it. Quik Payday accepted the $25.00 month til I got them to write off the loan.

Can you help me in my effort to get them to write of my loan? I really am convinced that I have paid them way-y-y-y too much money and would like to try to get it wrriten off. I live in Alabam and am having a difficult time understanding my states laws in this matter. Tammy if you could guide me along I would really appreciate it. Stephanie

Jumping posts again, I thought this was a little hard to understand... :)

My payments keep going up and down. WHen I first started the first payment was $236 now it iis $358 - I think it depends how many creditors you have and the $ amount that T&C pays them. I have Quick Payday with them and they want $100.00 a month for 6 months. Payday OK is getting $84 a month. SO I think the payments depend how many creditors and $ amounts??