Need PDL advice in WI
Wow, looks like you have your hands full. Well you have come to
Wow, looks like you have your hands full. Well you have come to the right place, this site has tons of information and wonderful people who are here to help.
Here is another thread that may be of help, it talks about Wisconsin and also list the state laws.
http://www.debtconsolidationcare.com/paydayloan/pdl-wisconsin.html
You can also click on the links in my signature below this post that will take you the state laws and the site to find if a company is licensed.
The company that is threatning your wife has threatned several members on this board and none of us have been taking to jail yet. Glad you got to read about them and realized they were full of crap.
Unfortuantly Wisconsin does not have a interest rate cap on PDL's which sucks. However the lender must be licensed.
Here is another thread that talks about Wisconsins Chapter 128 program. It's similar to Bankruptcy but does not have the same affect on your credit. Check it out.
http://www.debtconsolidationcare.com/settlement/wisconsin-chapter.html
Can anyone tell me about National Credit Adjusters (NCA)? I am
Can anyone tell me about National Credit Adjusters (NCA)? I am supposed to call them by 5:00 pm today to let them know how I want to pay them. Since my wife has already paid more than she borrowed to each of the 5 accounts that NCA has (see 1st entry at top of page), I'd like to tell them that they won't be getting any more money. Any ideas?
Are the accounts with National Credit Adjusters internet PDL's.
Are the accounts with National Credit Adjusters internet PDL's. Did you check to see if they were licensed. Did you received any type of debt validation from NCA?
I just googled the company and all kinds of sites with complaints came up about them. I would defiantly file a complaint with the FTC and the Attorney General office in regards to them. From what I read on other sites they love to harrass people and use illegal scare tactics to try and collect money.
NCA is a third party collector that apparently bought the 5 acco
NCA is a third party collector that apparently bought the 5 accounts (online PDLs) mentioned above. This is another company that answers their phone without identifying themselves. I not-so-nicely pointed out their lack of phone ettiquette. The "receptionist" claims they can't identify themselves because they are answering for three different companies. Whatever. The collector I spoke with was very cordial even offering the "debt reduction" I referred to above. I asked for the names of the original creditors. He was able to give me the names of five PDLs which matched some of those listed on my wife's bank statement. NCA also sent me paperwork via USPS which just so happened to arrive the day I was talking to Jason G. at NCA. I cannot deny the legitamacy of these accounts but I will deny further payments. In searching this site I believe I can associate CMG, SSM, and DJR with OSL Marketing - an illegal venture if I am understanding things clearly. TJF is another illegal PDL according to other posts on this site. It seems as though Vince Enterprise is one that nobody has much information about. My wife has paid more than she borrowed in principal to each of these five accounts. Their relationship with her is finished as far as I am concerned. If they want to continue they can deal with me.
She knowingly signed for two PDLs (she has so many now that she doesn't even remember which are the originals) and apparently the contracts stated that she would automatically receive more PDLs. If the new PDLs are from different lenders couldn't that be categorized as solicitation? She didn't seek them out, they found her - unless the contract stated the new PDLs would be from someone else.
Does anyone have information on these companies?
Eagle Finance (internet PDL)
Payday Online (internet PDL)