Who do I report fraudulent payday loan collectors to? I have been making phone calls and going through bank statements for 3 days to validate that I did not take out a loan through the one company that a company called Affidavit Consolidation Services (ACS) are trying to collect on and validating that I don't owe cash net any money which another indian stating he is from the department of law and investigation of the state of new york is trying to collect on.

I am 130 days late with GE Capital , how do I start the settlement conversation? They have not brought it up to me they only bring up hardship plans that I still can't afford?

Has anyone just sent a settlement offer by certified letter? What if I just low balled an offer to Advanta..going into 30 days late..explain to them the hardship, just want to settle would they take 10% blah blah...just so sick of them already...I expect everyone to tell me to just be patient but just curious...thx.

I recently voluntarily returned my vehicle to the bank because I could no longer afford the payments. I did this after alot of putting myself through the wringer. I was told at the initial phone call that the vehicle was worth $10,000 according to the bank's system. I now received notice that the vehicle was sold at a private auction for $7,000 leaving me with a deficiency of $5,000.00. Is this deficiency something that can be negotiated with the bank to be reduced through debt settlement?

It breaks my heart to see so many people here who have fallen into the PDL trap, but I'm glad that you all have found this site and can see light at the end of the tunnel. I know I'm forever grateful to have stumbled here. I had 7 PDLs. To date, I only have two PDL balances outstanding. I've sent letters to and filed complaints on all. The outcome is as follows: Ameriloan - PIF USFastCash - PIF 500 FastCash - no response, and AG responses turned up nothing.

By now, we all know that the vikings in capital one commercials were actually collection agents working on capital one's behalf, but pretending to be other banks for purposes of the commercials :>) Okay, on a more serious note, I finally got my capital one current, but trust me capital one had nothing to do with that--it was all me. In fact it seems capital one tried their best to prevent me from getting it current. To this day they refuse to negotiate a better interest rate and still think they have the right to membership fee on a restricted account.

Hello I live in the state of Arizona and in 2008 my husband was laid off of work, so begins my nightmare!!! I was still employed but to make ends meet at times payday loans were all I could think of. One payday loan led to another to another, well you guys know the drill! Anyways I have read many things on here about closing your account and so forth, but I am sooo scared! I just need some advice and keypoints to help me get out of this mess. I had 7 online PDL's now I am down to 5, with one that just randomly took out money from my account today by the name of Integrity Advance?!?!

Hello All, I have about 9k debt with American express, they kept calling to get payment. I said stuck to my story. I am about 60 days past due, they finally offered me 75% they say this the lowest they will settle. They also told me that the account is at the stage to be closed and my account may go to Attorney or the collection agency.

I haven't been on here in a long time. Thought I would come back to see if anything has changed. At one point in 2008 I had credit card debt, 15 pay day loans out, a self-employed husband in this economy, etc. I thought that pdl's were the answer to get us through. They were not, as we all know, and this forum helped me get rid of them. Thank you for all the help on here. My advice is: Please, please, please...do whatever it takes to rid yourselves of these loans. I had to sell some belongings that I really didn't want to, and do without things I "wanted". It's all about tough choices.

I'm trying to decide what the best thing to do. I have a cc that i defaulted on back april 2008 was the date of last payment. It was a Washington Mutual originally, they sold it to SST, it was with SST when I defaulted, they charged off in dec. 08 and a related CA got it then has been reporting since, now I get a letter that it has be sold to NCO, which a differenct CA sent me a letter stating that they are collecting for NCO. I have a letter typed up to send for validation, which I know is a stall tactic, but do disagree with the amount it has doubled since april 08.