How much more do I have to pay them?

Date: Mon, 06/26/2006 - 08:14

Submitted by apaverystar23
on Mon, 06/26/2006 - 08:14

Posts: 215 Credits: [Donate]

Total Replies: 6

Hi everyone... I have to pdl's that I've been trying to pay off on my own. I also have others that I've been trying to handle, but it's so much money every month. The two that are being deducted from my bank account: on one, the loan was 300 and I've paid 680, and on the other, the loan was 150 and I've paid 400. Is there anyway to close these out as paid, because I've already paid back what the loan amount was, and I could really use that extra money to try and deal with the rest of the loans (couldn't we all, huh?)

send them a letter stating you want you account paid in full or

send them a letter stating you want you account paid in full or you will go to the a/g office

lrhall41

Submitted by identity_crisis04 on Mon, 06/26/2006 - 08:35

( Posts: 212 | Credits: )

I thought the first thing to do was request a statement of your

I thought the first thing to do was request a statement of your account and check the PDL laws of your state to see if you've overpaid according to the laws. Could someone set me straight on this?

lrhall41

Submitted by kenthia on Mon, 06/26/2006 - 08:58

( Posts: 44 | Credits: )

well 1st off common sense on a $ 300 loan and you've paid over $

well 1st off common sense on a $ 300 loan and you've paid over $600 well that double and i've never seen state laws saying that you ahve to pay double the amount?

lrhall41

Submitted by identity_crisis04 on Mon, 06/26/2006 - 09:01

( Posts: 212 | Credits: )

identity crisis- thanks for the reply! I'll try to come up with

identity crisis- thanks for the reply! I'll try to come up with a letter like that to fax them, but what happens if they don't agree? Can they claim I'm defaulting on my loan or anything?

lrhall41

Submitted by apaverystar23 on Mon, 06/26/2006 - 09:09

( Posts: 215 | Credits: )

You have your bank statements to prove that the loan amount has

You have your bank statements to prove that the loan amount has been overpaid. Even if they try to press that you are defaulting on your payments, they will have to prove first that you owe a valid balance to them. Confirm with your state laws to know how much the permissible charges are. If required, talk to an attorney and handle this matter in the legal way.

lrhall41

Submitted by GunsNroses on Mon, 06/26/2006 - 09:35

( Posts: 485 | Credits: )

Thanks GunsNroses that's what I was trying to say, I didn't mean

Thanks GunsNroses that's what I was trying to say, I didn't mean to sound like I didn't have common sense. I just didn't express it like you did.

lrhall41

Submitted by kenthia on Mon, 06/26/2006 - 10:48

( Posts: 44 | Credits: )