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the loanshop took money from my acct twice and I don't even have a loan with them I have been on the phone waiting know for 1/2 hour now

I received a summons to appear in court. I am being sued by Asset Acceptance. They claim I owe them for a loan that I had with Household Finance. What is the statute of limitations in PA on an unsecured loan? I believe it's 4 years but when does it start? According to my credit report the loan was opened 05/2002. Credit report says it was 30 days as of Dec 2004, apr 2004, Feb 2004, Dec 2003, Aug 2003, Jan 2003. So I believe my last payment was in Dec 2002.

Basically, for no apparent reason that was stated, HSBC raised my apr on a $7,300 balance from 12.9% to 26.99% They claim I was sent an "opt-out" notice in the mail, and when I stated I never received it, they said they had no proof that I never received it, and I said I had no proof that they ever mailed it.

woud it be better to buy the debt fro the collection agency

I have been reading this board on and off for 2 weeks now and I think I am more confused now, then I was before I found this board. I have roughly $24500 in unsecured debt and I can no longer afford the minimum monthly payments. I contacted CCCS and they said I would have to reduce what I spend every month by $640.00. I was able to get down to $580 a month, plus, in January, I will be taking a $120 a month pay cut. So, I guess this is not an option for me.

What is the worst that can happen to you if you refuse to pay back a payday loan? My friend's lawyer once told him to not back these types of loan because of the illegal interest rate. Any thought??

what is this 'acceptmycash.com'? Do they really give you the money? How much do they charge you? What is the deal? Please help/explain. Is it really a place that gives money and you pay them back? they don't take more then what they are suppose to do they?

How do I write a letter to the payday loan people to be able to make payments to them. I already posted one topic and the info I was given didn't tell me anything. My topic was "Need Help With Payday Loans in KY"

If I sign up with a debt reliefcompany and I save $300/month in a bank account and they take a big chunk of that for thier fee for say 3-4 months and then they take a smaller amount for the rest of the time and the leftover money is supposed to go to paying off the creditors at the end of the 30 months or what ever...the creditors or collection agencies are still going to be calling and hounding me aren't they???? I've looked tons of these companies and I justr don't see how all this can really happen to be out of debt in 3 years or whatever!!

Hello im new here what is the name of the list where it shows all the legal liscense paydayloan companies