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Hi -

I have 11 PDL's and have made the decision, after spending time on this wonderful website to take my life and my paycheck back. I am willing to pay the original amounts to the lenders even through PDL's are prohibited in Connecticut. Should I work with T & C, who I have already spoken too....or should I try to handle this myself and let them know that the small loan cap applies? My biggest concern is that they will try to contact me at work. Right now I am not indefault and my next pay day is 4/25.
Any thoughts?




Lisa, everyone handles their situation differently. You can research T&C by using the search box in the top right corner of the page. Whether you use T&C or handle this yourself, they will contact you at work. The difference is, you would refer them to T&C, if you choose to go that route. This is something you can do yourself. It will take some time but it can be done. It just depends on if you want to do the work or if you want someone else to do the work. Why don't you go ahead and list who your pdls are with, whether they are store front or internet, how much you borrowed from each and the total of how much you have paid back to each. That way we can look at them with you and help you make a more informed decision.

Sub: #1 posted on Wed, 04/16/2008 - 07:17

RoxyNY RoxyNY
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Lisa, here are the laws for CT so you and the other members can refer to them if needed (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-p dls-laws.html

Sub: #2 posted on Wed, 04/16/2008 - 07:20

RoxyNY RoxyNY
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(Posts: 4178 | Credits: )

Hi - there are all internet:
Magnum - $700
One Click: $400 -
National Opportunities: $500
CMG - $400
Thinkcash: $153

MTE, Cash Advance Network - I owe under $150 each.
Those are relatively new and I have paid 2 renewals on each. The rest are small and almost paid off so I'm not that concerned about those.

Those

Sub: #3 posted on Wed, 04/16/2008 - 07:59

lisediva lisediva

(Posts: 4 | Credits: )

I'm just looking for pros and cons of which way to go.

Sub: #4 posted on Wed, 04/16/2008 - 08:01

lisediva lisediva

(Posts: 4 | Credits: )

Opinion here, you can do this yourself. You do not have that many to take care of. It would take time but it can be done if you are willing. If you do not want to take the time, you can have T&C take care of them. You posted you already talked to T&C, just be sure they are able to help you. Like I posted above, you can type T&c or Towne and Country in the search box above and see what other members have posted about them. The pro of doing it yourself, it will only cost your for paper, postage and time...with T&C you will have to pay their fees. No matter who handles this, the companies will most likely still call. You will still need to close your bank account. What ever decision you make, we will be here to help you. There are several members who go with a company who stick around and post even on topics such as this.

Sub: #5 posted on Wed, 04/16/2008 - 09:57

RoxyNY RoxyNY
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(Posts: 4178 | Credits: )

Is the first step closing my bank account? How long do you think I have before they figure it out?
I know I have to do something.....the whole process makes me a little nervous.

Sub: #6 posted on Wed, 04/16/2008 - 11:55

lisediva lisediva

(Posts: 4 | Credits: )

Lise, it is scary. People who you do not know are giving you this advice and you are not sure if you will get in trouble or not. I was there...we were all there. I had 9 pdls when I started...and now I am down to 3, so the work is worth it and I did it myself with the constant help of the members of this fourm.

Yes, you need to close your account. The pdls will not stop debiting no matter what you do. Do not tell them you are closing your account either or they will debit all of what you owe. It took mine a couple of days after their scheduled debit to figure it out and then they emailed me and called. But we will cross that bridge when time comes.

I take it, we are going to tackle this together. :D We will be here every step of the way and will help you with whatever you need. :D

Sub: #7 posted on Wed, 04/16/2008 - 17:11

RoxyNY RoxyNY
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(Posts: 4178 | Credits: )

Thank you! I closed my bank account on Saturday so that is the first step. My debits are not going to hit until 4/25 so I will have a little time. I will be in touch.....this site is great. Is there anything I should do now or should I wait......I'm really looking forward to my paycheck.

Sub: #8 posted on Mon, 04/21/2008 - 05:49

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Lisa, Once you are sure it is closed, YOu will need to either demand the pdls mark you paid in full or you will need to work out payment arrangements with the ones you still owe money too. We have a letter you can use as a template for this. If you get a chance could you post the name of each pdl, how much you borrowed from each and the total of how much you paid back to each and we can help you figure out where you stand. Here is a thread with a letter so you can see what I am refering to . I f you have any questions, do not hesitate to ask.

http://www.debtconsolidationcare.com/paydayloan/outstandi ng-loan.html

Sub: #9 posted on Mon, 04/21/2008 - 08:42

RoxyNY RoxyNY
Moderators
(Posts: 4178 | Credits: )

Hi,

Since I'm at work I will have to pull all this together tomorrow. Do most of these people set up arrangements? If they are set up, and you keep them, do they still bother you at work?

Sub: #10 posted on Mon, 04/21/2008 - 09:16

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