PDL Letter Examples and or Cash Call
Date: Mon, 11/16/2009 - 13:41
Do any of the more seasoned members have a copy of a letter that they sent to a PDL disputing their interest charged as they are illegal in that state? I figured out this weekend that I paid over $1600 to Impact Cash for a $600 loan -- and I am in the process of pulling all the statements for a couple of others. I want to stop the ones that I have already made arrangements with so that I don't end up overpaying them as well otherwise I will never get out of this cycle of paying them off.
Also does any one have an example that I could use for Cash Call as well (not that they are illegal) but I have already paid them approx $2700 for a $2500 loan and they said my balance today was $2712.... so I am going to see about getting them to show me an itemized statement that shows where the money I have already sent is being placed.
Thanks:D
Also does any one have an example that I could use for Cash Call as well (not that they are illegal) but I have already paid them approx $2700 for a $2500 loan and they said my balance today was $2712.... so I am going to see about getting them to show me an itemized statement that shows where the money I have already sent is being placed.
Thanks:D
cash call
i too am dealing with cash call. but they are saying to me that i knew what i was getting myself into when i borrowed the loan. if i am not mistaken the interest rate is at like 95% by the time i end up paying them back i would be paying approximately 10,000 for a 2,500 loan. if you refuse to pay, they will GARNISH your wages, btw i am in california and they have offices located in SoCal but i think they go by the name First Bank of Delaware.
