Internet's First Get Out of Debt Community!

20+ Years of debt relief success

Slide to see your debt amount now

Search forum

Search Result

Do I still owe on this loan?!

anonymous
12 years 9 months ago
My son defaulted on NCT loan. As cosigner I paid monthly to collection agency. 3 mos ago offered/accepted reduced payoff to Conserve. Now receiving letters from NCO stating I still owe the balance that Conserve did not collect (because they offered to settle the loan for a reduced amount). Loan balance at time of pay off was around 12K. Paid Conserve about 4K. NCO wants 11K. Is this legal?

 

What is the next step after you have been summon

anonymous
12 years 9 months ago
I was summon from equable ascent financial for a debt back in 2008 which I dont recall opening an account then. Its from GE Captial and if I recall, all of my GE Captial accounts, I have had, have been paid off. I need to help to what's the next step I will need to take to get this resolved as quickly as possible.

 

Has anyone tried bringing criminal charges?

lkern@nyc.rr.com
12 years 9 months ago
I live in New York state.

I know it is listed in multiple places on this forum that payday loans are illegal in NY.  My research shows this is not 100% accurate.  There are no specific laws in NY against payday loans.  However, under both NY civil law and NY criminal law, there are laws against charging usurious interest rates.

In NY state, it is a felony to charge more than 25% annual interest on any loan.

 

Wkast about PDL that ARE licensed?

ericjunephillips@gmail.com
12 years 9 months ago

I have many PDL's  that are eating my lunch, and I am ready to take the advice on this site to turn things around. However, a couple of my loans  are through 'lenders' that ARE licensed in my state (Alaska). If I close my checking account, set up a new one, should I try to allow debits from the 'legal' lenders? Do I send them the same letters as the illegal lenders? In short, how do I differentiate (or do I) between the legal and illegal???/

Thanks in advance. I hope to  soon to deal with the nightmare and get a solid night's sleep.

 

 

Interest / added fess CC debt

starrstruckagain@yahoo.com
12 years 9 months ago
On my credit report it says Capital One charged off 414 almost 4 years ago and a collection company is contacting me to pay it for 958.00. After a CC company "charges off" the amount due can they add to it or is this the collection company that added 500.00 to the debt?

EDIT: Sorry thought I was posting in Credit Repair / Credit Report Forum and now I don't know how to move this. I just tried posting in the correct forum and it was marked as spam. 

 

Online Payday Loan Help

blakerixx@aim.com
12 years 10 months ago
I have the below loans, total amount as of night now is listed as well.

I sent an email to MB Processing and Midland Companies, I used a sample email I found on this site, basically saying these loans are illegal and I'm not required to pay them back in full.. I can show the email if you want.

1 company replied back saying basically you still owe the money, and the other company didn't reply back.

What are my options? What does anyone suggest on doing?

 

What could this mean?

david@perezfamily6.com
12 years 10 months ago
This is what I see after sending the revocation letter to United. I still owed them about 160 on my principal but since I have been reloaning with them for over 3 years and had paid over 6K in interest I asked them to take it out of that. When I sign in this is what I see.

 

Is it fake?

anonymous
12 years 10 months ago
Hi I'm wondering if I can use the diploma for a career class, not for collage 

 

What does this mean?

david@perezfamily6.com
12 years 10 months ago
So I sent out the letters last week and have heard back only from Advance Me Today, its a form reply so I am not concerned. When I try to sign in to my account with United Cash Loans this is what I see. These are the people that I have had the longest, about 3 years. Borrowed a total of $2800 and have paid over $8400 in the last 3 years. My current loan was for $800 and I had only paid $720, in my letter I asked them to take the previous interested I paid and use it to pay this loan off and send me a refund. Now when I log in I see this:

 

Is Cashnetusa in Ohio a CSO...please I need help quick

hammercmb51@gmail.com
12 years 10 months ago

Im in Ohio..All the threads im reading says cashnetusa is a legal cso...does that mean evn though I paid 580.00 on 550.00 borrowed that I still owe them the 690.00 balance. I stopped all ACHs at bank...what would happen then????

Could CASHTAXI, CASTLEPAYDAY AND MYNEXTDAYCASH also be CSO???

I am trying to get ready for Tuesday when the bank opens and everything hits the fan and I just want to be prepared and know which of these I need to send letters to as per all the instructions i have been reading...please help if you can..its frightening