Hi, everyone! I have decided to pursue debt settlement on my own with Chase and Bank of America. I owe $13.8K and $14K respectively. I understand that this will negatively affect my credit score for awhile, but this decision is made out of necessity and for the next several years, the chances of me applying for a mortgage, car loan or credit line are almost zero. I have secure employment, a house and all the necessary insurance, so I think I'm in good position to absorb a short-term credit score hit. My objective is to move my personal finances to cash-only permanently.

Hello and good day! My name is Richard Silva and I actually help people manage and eliminate their payday loan problem. You see the problem is with online payday loan lenders is that they are operating illegally. Charging outrageous Interest rates and ridiculous renewal fees it seems like the principle never goes down or the money your paying doesn't even touch it. So what we do is help PDL clients LOWER the monthly payment and actually work for you to eliminate interest rates and renewal fees if their illegally operating.

Last summer I had a collection agency violate consumer laws several times. I contacted a consumer advocate (attorney who deals only with consumer law) and initiated a lawsuit. I just settled for $1,500 and the collection agency has to pay the attorney fees. They just pushed me over the edge......

I received a letter over the weekend that my Sallie Mae loans will be going into default shortly and that I need to call them by Thursday or else. My grace period ended in January but they never sent me a statement or called and told me I was late. This letter is the first communication I have received. I know it's my fault for not remembering but since I never made payments while I was in school it wasn't something I was used to paying. Right now I'm not working and am being helped by my parents. I can't ask them for more money to take care of this.

In late May I took out a $300 loan with Zip19. Two days later I was temporarily laid off. I work for a state University and since they are strapped for cash they laid us off for the summer. I have no reason to believe that I won't be returning to work at the end of Aug. Anyway when I found out I called all of my creditors and worked out a payment plan with them. They were all helpful....even my BofA mortgage company except for Zip19. They demanded payment on time and so I told them I would somehow find the money by the date they planned to pull it out.

Hey there. I'm 24 years old and I owe $1630 to Chase on a 2-3 year old debt (most of this is late fees or fees on not paying on the debt, doesn't matter though). Was contacted through mail by Midland Credit Management LLC with a invoice/statement/privacy notice, saying that my account is under consideration to be forwarded to an attorney in my state for possible litigation. Am given the option to pay $300 and setup remaining payments. I contacted them to let them know that I'm out of work and have been for a while.

My daughter, who lives in California, took out an installment loan with Check n Go. The original amount was $2600. She has been paying on it for months at almost $300. every two weeks. She has paid well over the original amount plus interest, but she was told that because it was an Installment Loan, she has no recourse but to keep making the payments every two weeks since she can not pay it in full. Is this correct? Anyone got any ideas or solutions?

what are the laws in iowa for an internet paydayloan and i was wondering if u have heard of the company named capital because they say they are sending an officer out to arrest me

I have two questions. Are the PDLs in Nevada that require a check treated the same as a bad check by law? For example if you pass a bad check you can be charged with a felony. Also can PDLs be included in a chapter 7 bankruptcy?

I'm so happy to have found this site. I finally feel like I am not alone. I do have one problem though. I am in 7 payday loan traps, and understand the advice of closing my bank account, however, I don't want them calling my references for any reason. Is there anything else I can do without them harassing me or my friends? Do I tell them I closed the account? I really need help outta this. I am over $3,000 in payday loans and I don't even make that much in a month.