Hey all- I (like many others) have gotten into the payday loan trap and am trying to work my way out. After researching the payday loan regulations in my state (Tennessee) I realized that most of my cash advances are likely illegal as they are either not registered in the state of TN, they loaned me more than TN law allows, the interest rate is above the legal limit the state of TN has in place, or they are rolling over my loan (which is illegal in the state of TN).

How are secured credit cards reported on credit report? I have taken out a secured credit card a month ago. Now, the account has hit my credit report. It is reporting as “Secured Credit Card” in bold. I have taken out a secured credit card to rebuild my credit. I need to buy a house in Grover Beach, CA.

I got a call from a collection agency on the last Monday. The debt collector was asking me to pay $2500 in a debt. Apparently, the collector has my bank details also. Can a debt collector have the bank details without my permission? How can a collector get the bank details? The name of the collection agency is Bradley Dee-Notary. I made a google search. The collection agency seems to be based in Copperpolis.

Will my credit score drop if I ignore or neglect threats from a collection agency regarding payments on an old debt? The SOL period on the debt has expired. My credit score is between 650 and 700 range. I have taken a lot of steps in the last few months to repair my credit. I have even refinanced my home loan in Mendocino, California. I just can’t afford to risk my credit right now.

My husband has a judgment for a Chase account. Recently, he received a collection notice from a lawyer listing the total balance, the name of the original creditor and the court case number. The lawyer has given 2 options to pay off the debt along with interest and fees. The first option is to pay the 50 percent of the total amount. The second option is to pay the total amount in 7 installments. Which option will be better for my husband? Should my husband pay the money to court or the lawyer? I’m asking because this is a judgment account. We live in Kingsburg, CA.

My husband has an Allied Interstate trade line reported to Experian and Equifax credit reports. The Equifax lists it as the collection agency and the Experian is reporting it as unknown account. The account is past due for nearly 130 days. The OC was HSBC bank. OC was reporting the account till 11/10 to the TransUnion credit report as charged-off. What should I do with account? The account was opened in 2007. Will it fall from my credit report in 2014? Will the collection agency also drop the account from my credit report? I have sent dispute letters to the collection agency.

RPM (Receivables Performance Management) sent me a letter trying to collect an old debt. I remember making payments to settle the debt 10 years ago. After that I haven't received any communication from original creditor or any other CA. Unfortunately i don't have receipts of payment (it's been so long) to the creditor. This doesn't even show up on my credit report. How do I deal with RPM? I live in California now. The payment to settle was made in Texas 10 years ago. Thanks in Advance! Kryolife

Hello, I am from New York and have outstanding payday loans with the following lenders: Hydra II -- owe $325 paid $375 (state they are from New Zealand and dont have to abide by state law or my ACH revocation request) My Silver Safe - owe $321 -- have paid $160.50 (honored the ACH revocation but constantly called me until I made a payment arrangement) Payday Mobility - owe $200 -- have paid $30 Kenwood Services -- owe $195.00 -- paid $180 (have faxed ach revocation twice and they responded once stating it is governed by the state they are in not New York) Cornerstone LLC --- owe $325.00 ---

Hi All, I keep getting a call from this guy at my job. I just pick up and tell him that im not in today (i pretend to be someone else). He gets kind of nasty - but i can deal with that. I looked up the # they are calling me from and it comes up with people complaining about the debt collector. Apparently its for a collection agency called AMC Recoveries. I do have a couple of PDL's that are outstanding -i live in new york. Some companies want the whole amount including the finance fees and late charges. i wont budge and am only willing to pay the principal. Is AMC legit?

I seem to delete a lot of SPAM in the mod section from two authors - Dasplottals and Gilsladmill they seem to share the same IP address 199.15.234.2 any way to block them?