Negotiating tactic ???
Date: Tue, 11/03/2009 - 14:02
I took out a loan with Greenpicket/Northway financial. I've since closed my bank account. They started to call me, threatening wage garnishment, etc.
I sent them a letter (text copied from this site, thank you!) telling them it was an illegal loan, I was revoking wage assigment, etc.
I got an email stating they are in Malta and governed by their laws (I live in TX). They have waived the interest I owed on the loan.
My question is this - can I tell them I am willing to pay the loan, minus the interest I have already paid? Is this one of those "doesn't hurt to ask" questions?
TIA!
I sent them a letter (text copied from this site, thank you!) telling them it was an illegal loan, I was revoking wage assigment, etc.
I got an email stating they are in Malta and governed by their laws (I live in TX). They have waived the interest I owed on the loan.
My question is this - can I tell them I am willing to pay the loan, minus the interest I have already paid? Is this one of those "doesn't hurt to ask" questions?
TIA!
You owe them only the principal amount. Can you list how much yo
You owe them only the principal amount. Can you list how much you have borrowed and how much you have paid both as fees and interest?
