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In 1987 I co-sighed a car loan for my son and assumed the loan had been paid off, wrong, Yesterday 6/20/09 22 years later I received a letter from an attorney demanding payment, in all those years I never received a past due notice. Is the lawer blowing smoke?

I believe this is Magnum Cash Advance, which I did take a PDL from. I believe also they are illegal in MS. They said in the letter that the balance owed is 998.22 which includes interest. My question is- are they legal? How should I handle this? Magnum was one of the PDL's under Progressive (before I found out they were illegal) so they should have recieved some form of a c and d letter from Progressive on my behalf. I know I should send them a DV letter but should I sent a Cand D letter as well? How should I handle from here? Thanks in advance for your help :)

I could really use any help that I could get. I am not sure what to do. I have several PDL's right now. I have set up arrangements with all of them except Instant Wages. It does not seem like they are willing to work with me at all. Not sure what to do!

I've seen different variations of this letter on the forum before, but I think they must have changed it a little... MyPaydayLoan.com Centro Colon, 8 avo piso, Oficina 8-4 San Jose, Costa Rica Phone: 888-269-2303 July 21, 2009 Dear Ms. Cage, In acknowledgment to the letter we received by email, on 07/17/09, we would like to clarify the issue pertaining to the transaction you originated with our organization. In regards to contract venue, you were required to consent to “avail yourself to Costa Rican law” which you did willingly and unsolicited.

I took out a loan with them and now it's time to pay. I need to work out a payment plan with them so i won't have to keep extending the loan and my payments go to interest only. I don't think they are licensed in Mississippi anyway so I'm only liable to pay them the principal. What route should I take? My payment is due Thursday.

I took out several PDL's in 2007. I paid the principal on several but a few are still outstanding because I never heard back from those companies after sending out my C&D letter. I live in Indiana. Last week, National Credit Works, located at 4490 Holland Office Park, Suite 103, Virginia Beach, VA 23452 started calling me relentlessly at work and on my cell phone. Their phone number is 866-304-7249. Cheryl Moore sent an Employment Verification to my employer and she is also the one that keeps contacting me. My employer did not complete the employment verfication.

Did you see that! Pages and pages of that nonsense spam crap! I deleted one and when I looked again there were over a hundred of them! They seem to have stopped!

:x My daughter took out a $500.00 signature loan online.They were taking the payments out of her checking account and come to find out,ALL the payments they had taken out were going towards interest only!

I had a small business that was sold at a loss with 2 business cards BOA & Advanta 120 past due. I also have 3 personnel cards cap one, discover, BOA all current. On the business side I have settled BOA and still working with advanta. On the personnel side I own only to BOA and cap one. However, before any settlement Discover & BOA dropped my credit lines. So my question is am I better off to try to settle personal cards? Can I do so without hurting my personnel credit and keep them open?