I'm about to pursue settlement with Wells Fargo on a credit card with balance of $12K. I also bank with them (checking/savings) and have my mortgage through them. Will the settlement process affect any of these other accounts? Also, what amount should I start with for negotiations? What is a reasonable settlement rate to expect from them? Thanks!

I've been reading through all the info on this forum, which has been very helpful I noticed that in some of the older posts there is a link to this page http://www.debtconsolidationcare.com/paydayloan/close-account.html for info on closing a bank account, but the link is no longer valid Does anyone have this info saved? Or can you let me know what I should be prepared for before getting started with this, specifically dealing with chase? Thanks!

Hello , Before I contact my payday lenders I just want to make sure I completely understand the laws in Indiana. I printed up the form on your website and am confused if I took out a loan for $500 and they have been charging me $125 every other week with nothing going toward the principal is this typical or allowed? So far I have paid $705 to this company, Cash Direct Express. When I looked at your form that states the maximum rate of finance and fees is 10% which works out to be $50, I wasn't sure if that means $50 every time they renew the loan or $50 total...thanks so much for your help

I made a mistake of borrowing money from this company. My loan is 300 and For 4 months now they have been taking away $90 bi-weekly.

I had my bank account frozen two weeks ago for a judgement against me due to an old credit card bill. I contacted the creditor and paid the full balance I owed them so they would not also garnish my wages. The court date for my wage garnishment was Friday, August 5th, 2011. I paid the amount via cashiers check Wednesday August 3rd,2011. I have contacted the collection agency and the bank and niether one will give me a clear answer on when my account will be unfrozen. Just feel like I am getting the run-a-around. This took place in Illinois.

Hi I got a loan at Speedy Cash back in 2007 or 2008. I tried to keep paying and could not do it anymore so I stopped paying. They have sent reminders over the years but I could not pay, and am not working. A few years ago I got a notice to go to court but did not go (i should have). Now two years later A cop shows up at my door with a paper that says Request for and citation for contempt. It has when I have to be there and that I can get a hold of the creditors lawyer to handle this before the court case. Trouble is that I have no money to handle it right now.

[COLOR=black]Here's a toughie for anyone interested in helping a very confused, very focused in her future person.[/COLOR] [COLOR=black]I'm a 30 yr old Nursing/Health Information Management Student, who due to lack of employment and youthful irresponsibility let her accounts get charged off, go into collection, saw her credit plummet and disregarded it for years.

How does it work and what can they do?? Manufactured Home on land in Texas financed together. 11% interest. I am 44 days behind and trying to get caught up and can catch up payments in next few weeks. They are demanding payment now or they will start process??

[COLOR=black]I have 2 payday loans out right now. Both are $600 + $76 fee[/COLOR] [COLOR=black]If I close the checking account can I be charge for criminal offenses. [/COLOR] [COLOR=black]I understand that Michigan prohibits criminal charges on the bad check part of it, but can they pursue criminal charges if I close the account?[/COLOR]

OK, I was watching TV this week, and a commercial came on for an Indian Tribe advertising what looked to be a Payday loan: AND IT SOUNDED AND LOOKED JUST LIKE THE OLD CASH CALL ADS!!!!!!!!!!!!! Am I losing it?