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Just thought I would post this to let everyone know there is light at the end of the tunnel and sending these letters really do work! I took a loan with Sandpoint Capital for $200 with fee of $60. Paid in full for $380. Then I took a second loan for $250 with a $75 fee. Had to close my account due to fraud by a third party. I also have 3 other loans that I sent letters to but this is the only one I received a response from so far. Thought I would post the correspondence so everyone can see as long as you stand your ground it should all work out.

my brother has a credit card through Bank of America and the limit is really high and he is at that limit. My brother had to change jobs and take a lower pay, he is a diabetic that has to pay for most of his medication and insulin. he informed BOA that he cannot afford the high payments and he is willing to make 300.00 payment but they won't take anything less then 420.00. My question is what will happen to him if he keeps making the 300.00 payments and not the 420.00

Hi to all. I have an issue with this company called PMR Law Group. I have found them to be a rude and unprofessional company. Well, to begin my story, it all started back in 2007 when I applied for an internet payday loan from payday-loan-yes. I had a decent paying job and I could afford to pay it back then. Unfortunately, before I could pay the loan back, I lost my job and this company was very hard to contact. So now in 2009, I am just hearing from them through this PMR Law Group. They contacted my family claiming that an "Investigator Johnson" needed to speak with me about a civil case.

Does anyone know if you pay/settle your debts earlier than the plan set, ex 48 months, are you required to maintain your monthly payment to Fairhaven for the remaing 24 months or whatever is left on your initial plan?

i just found out that FICO pays attention to the reported date and not the DOFD...so i have 2 collections...one three years old and one five years old...so because i've been paying these down, the reported date changes every month and it looks like they're new...this doesn't seem right to me any idea how much impact the reported date has on my score?

I owe about 5 different pay day loan companys but can only pay one off at a time what do I do? I have already closed the account and everything just need to now what to do, I can only pay one off at a time.

If you were 80K in debt (all unsecured), but made enough to cover the minimum payments ($1500 per month total), and had good interest rates on all accounts, what would you do? Keep paying (even though we skimp on groceries, have no savings and have to charge unexpected bills) Try debt settlement

what if you have 2 weeks to pay back and not paid back on that day, it gets sent to your back????? how do you handle that

From the Inside Arm.. Quote:

Congress is slated to debate a bill today that would fundamentally change the student loan industry. The “Student Aid and Fiscal Responsibility Act of 2009” proposes changes to Federal student loans that would impact independent debt collection agencies, borrowers and institutions of higher education across the country.   Combo Issue of PDL's w/ collection agencies tessablair@insightbb.com 16 years 7 months ago In May 09, facing mountng PDL debt, I made the decision to close my accounts to preserve some funds and try and settle with them later. Any way, long and short is I currently have collection agencies after me for PDL's and tacking on extraordinary fees well above what the original loan was and not including payments that I had already made.