Search forum

I had a cc with Direct Merchants Bank. Opened in 1999, closed in 2002. At the time it was closed it was 30 days late. I closed the account because they charged extremely high fees and it was crap. At one point this balance was close to $12,000. Between 2002 and now the balance is around $6000. At one point I made 3 regular payments and DM was suppose to re-age the account and make it current. I held up my end and they did not. At that point, Nov. 2008, they told me to make $65.00 payments for 6 months and try and get caught up.

Is there any companies in AZ that can help with a loan to consolidate payday loans? I'm drowning in fees on 4 loans...feel like I'll never catch up :-(

Is it illegal to give away two assets that total $15,000 to protect them from FUTURE lawsuits and other legal problems? I have 10 accounts that are charged off as of 12/2007 I suspect I'm not in the clear for a while. No one has contacted me about any of these accounts. Will transfering these assets as gifts as of last week be considered fraudulent? Relavent google results.

Hi, I recently posted about help with Payday loans in NYC. I appreciate everyone's responses but I would like to know if anyone has specifically dealt with PDM. I know they aer not legal in NY. I took the loan out in September 2008, and then lost my job so I did not make any payments. They called constantly and sent me emails and I had spoken with them saying I was not able to pay at the time but when I had the chance I would. Over time I ended up owing $800 on a 300 loan. Then they sent me a "final email" saying they would settle for $600.

can anyone PM the info for T&C?

I recently defaulted on a payday loan with 500 fastcash i made payment arrangements and have been keeping the payments as agreed I will be paid in full may 29th. on sat 05/16/09 i got a call on my job from this guy who said he work for acs his name is Daniel Wilson he is collecting for fast cash for the 300 loan I took out and he needs to number to my attorney by 5:30pm and demanded I pay 1245.75 of if I go to court pay over 8k . I told him first of all I am paying fast cash and my loan was not for 300.00 but for another amount.

is a DMP plan for $408 a good deal? its a government regulated program and a legimate company but is the price good??

i tried to settle my four biggest credit card debts,2 for 12000 with boa,1 chase for 8500 and 1 juniper for 8500 while keeping my 4 smaller cards with balances from 2000 to 3800 current untill i get through with these?i am overextended and cannot do this anymore.This would free up about 800 a month.Thank you

Hi all! My fiance and I are in a pickle with some payday loans and we would like to consolidate them into 1 loan...along with a few other debts. Do any of you recommend a trustworthy debt consolidation company that will include payday loans into the plan? We have talked to a company called Relief LLC just for the payday loans and they charge $100 up front $30/mo (included in their payment) for their fee. It would be a 6 month loan @ $371/mo (our payday loans total about $2000). Is this good? How do I trust this company?

I need advice. I am considering signing a DMP with Money Management International. But they want my $ up front, and only then will present the DMP to the creditors. Is this normal? What happens if one or more creditors rejects the DMP? Or what if the creditors demand higher payments? MMI would still have my money. What if I want out of the DMP at that point because the terms have changed? Thanks.