pdl refusing proposal

Date: Thu, 06/28/2007 - 20:51

Submitted by fastcheese
on Thu, 06/28/2007 - 20:51

Posts: 61 Credits: [Donate]

Total Replies: 2

I got a letter today from Checkmate, a storefront pdl, addressed to T & C, stating that they do accept this type of arrangement and to have the customer (me) call them to discuss the account. T & C sent them a proposal of $25 per month. I know they sent a payment. If T & C shows that they cashed the check do I have any recourse? Also has anyone had any luck with having their states DFI contact the pdl (they are licensed) and insist they work with them on arrangements? I am going to call T & C first thing in the morning but I need some advice. The pdl is stating they want the entire amount due.

A lot of storefronts will say at first that they won't work with

A lot of storefronts will say at first that they won't work with a debt management company. But they will still cash the checks.

I don't personally have any experience with this, but I know it's happened to many others here, and if I remeber right, no one got sued or any crap like that.

I think it's worth a shot to call your DFI and see if they can help get Checkmate to agree to the payment arrangements. Since this is a licensed company, the DFI can really help provide some "incentive" for Checkmate to cooperate.

lrhall41

Submitted by goudah2424 on Fri, 06/29/2007 - 06:55

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fastcheese, There is no reason to worry too much. I was with

fastcheese,

There is no reason to worry too much. I was with T &C and I heard the same crap from lenders. I had all internet loans though, no storefronts. How much do you owe the lender? Does your state allow repayment plans? I think calling the DFI and AG would be both good ideas on this matter. Keep us updated :-) T & C is a good company to work with.

lrhall41

Submitted by Cow & Chicken on Fri, 06/29/2007 - 07:34

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