Hello All - I have 2 payday loans...the first is for $900 and the payback amount is $1,062 and another is for $500 and the payback amount is $600. All I have been able to do is extend extend extend! that is about $262 each time I get paid. I need to know if I call them and say I cannot pay and to send me to collections would they do that? That way, for the same amount I have been paying, the debt will actually GO DOWN...I've had the same loans for a year now and I have had it! Thanks! Tiffany

What is the Starue of limitations for old debts in NC

statue of limitations for old detbs in NC

This company is a fraud! they have stolen information and put together an eloborate sceme to steel peoples money! They are not a law firm and cannot bring up charges on anyone cause they are not the owners of the debt. DO NOT PAY THEM ANYTHING THEY ARE THIEVES!

Here is the letter I was thinking of sending to SureAdvance and The Cash Spot. At this point I really don't care about the refund - I just want the accounts closed!!!! My fear is that I will be poking the bear and they will attempt to drain my bank account or sick some collections dog on me. I cannot close my bank account. Any suggestions? SureAdvance Account # This letter is to inform you that I am aware of the fact that the loan you issued to me, is net legal or binding in my state.

I received a summons on 8/9/2010. Plaintiff Portfolio Recovery Assoc. I have never heard of them so I pulled my credit report. I could only access Experian at the time. I found Portfolio Recovery listed in my potentially negative items. Apparently the OC was CitiFinancial Auto. Which is also listed under negative items (charged off sold to another lender is the status). My question is.

I had a loan for approximately $700 from The Cash Store (storefront) in Texas. Their parent company is Cottonwood Financial. I made payments for about 2 months totaling around $500 until I could no longer afford them. The loan defaulted. Now I am receiving calls from Alliance Asset Management, 800-399-8584, saying that I owe something like $930 and I need to pay the balance in full or "the client" was going for legal action. They call my office and ask for my supervisors, coworkers, etc. VERY embarassing. 1. I assume Cash Store is legal in Texas. Will/do they sue? What can I expect?

Okay here are my internet loans that i have out to date: Ameriloan: $300 paid $90 Eastside Lenders-$400 paid $120 United Cash Loan-$400 not paid anything, but they will start w/drawing $120 on 9/3/10 Ace Cash Services-$400 I only 1 more payment of $65 PayDayOne-$952 (i kept getting increases) paid out $1556 to date in interest/fees I am about to approach my bank to have them shut my account down, i do have my letters ready to go to the lenders. I have decided to go ahead and pay out Ace since its only $65. I don't have addresses to send the letters however, so do i send them via email?

I had a loan originally from GEMoney lapse last year, and now I have a summons from JB&R for this debt. There's no date to appear on it. I've been doing a lot of research, and this thread was very helpful, and I've come to the conclusion my best bet is to try to settle when I'm at my court date. I've never been to court before, or done any type of legal paperwork. So far, here is my plan. Question marks indicate my uncertainty as to whether I should do this or not.

i have some debt on a target visa acct, been late for about 150 days, called them about a month or so ago and they told me that Patenaude & Felix owns my acct.now, tried to settle, didn't go the way i wanted, I called back today and Patenaude & Felix said that they don't have my acct. anymore, Shirmeta & Adams has it now... the problem is that when I pulled my credit report today from Equifax , it doesn't even show that I own a Target visa acct., let alone that i owe money... so what does it mean???????? where do I go from here???