I've received a 75% settlement offer from AA. The debt is legit, and became late as of October 2009 with the original creditor. They are claiming in the letter that the benefits of this is: "A zero balance on your XXX BANK NAME account with us." and "A paid account letter upon request" The bottom of the letter also states that "The law limits how long you can be sued on a debt. Because of the age of your debt, we will not sue you for it. If you do not pay the debt, we may continue to report it to the credit reporting agencies as unpaid." Now...

I borrowed $1000 and have paid back so far $1602 I want to pay them off but they are saying I still owe them $1007. Can I negotiate and tell them I will pay them $500 or $600 to be paid in full and they leave me alone??

Again, in MT. Online loan from Cash Jar. Original amt 400, paid 360. Sent a letter as specified from this site, and I said I'd pay the 40 remaining. This is the response I get. Next step? June 13, 2013 Cash Jar P.O. Box 1639 Belize City, Belize C.A. Re: Your Cash Jar Loan Dear Helen: I am writing on behalf of Cash Jar in response to your recent email. Cash Jar strives to assist consumers with their short term cash needs and is concerned that you were disappointed with your most recent experience.

I took a payday loan from abcwages.com I realiazed they have taken out more then the amount due back, I have not been able to contact them via telephone however I did message them on the website. They told me the 59 dollar payments being taken out of my checking account every week are aimply foe the interest and I need to pay the loan amount plus 59 dollars to pay off the loan in full.I don't know what to do, they took out a payment today, I would not have got a laon from them if I knew they were not legit. I live in ohio. What can I do?

I was wondering how common of a practice it is for licensed online payday lenders to sue an individual on an unpaid or defaulted payday loan? Has anyone actually been sued over it? Thanks!

Hello Everyone, even though Plain Green is one of those that I had already payed off before I learned about this site and what could be done. I continue to receive emails from them. Today I received an email that states the following: As of today, June 13th, all future Plain Green loan payments must be mailed to the following address: Plain Green Loans P.O. Box 204271 Dallas, TX 75320-4271 Does this mean that they are not going to be doing ACH transactions any more, are they in trouble? Has anyone seen this before from a payday loan company?

I'm the same one who has Western Sky/Cash Call- 2600 loan who has paid 11 payments of 294.46, well overpaying them. Also, I did go ahead and send letters to other lenders: I already heard back from 7DayLoans, who said they accepted my offer. Haven’t heard from any of the others.

Hello Everyone, I live in Florida, and I have gotten into a tight spot with five payday loans that I was in good standing with and have been using for years. I know I have paid well above the interest rates that are legal for my state for years, and never really knew what my rights were. Now that I am struggling under the mounds of interest rates every 2 weeks, I realized that in Florida, I am only allowed to have one loan out at a time, with no rolling, a maximum barrowing amount of $500.00 and lower interest rates.

When I first went down the road of remedying the PDL nightmare, I read that PDLs were illegal in OK. Therefore, i sent my letters stating they were illegal and therefore, I had more than paid the principal and actually paid more than that. Much to my shock and gut wrenching feeling, I just read that they are LEGAL in Oklahoma but are capped at only having 2 out at a time and with a $500 maximum amount and no rollovers. I was nervous before about closing my account etc but now I am flat out petrified what will happen to me. Please someone help