Illegal pdls in credit report
Date: Wed, 12/09/2009 - 19:33
What do I do? It's hurting my score.
Yes, dispute it and explain these are unlicensed lenders which m
Yes, dispute it and explain these are unlicensed lenders which makes it an invalid loan to begin with.
dispute it with both the CB and lenders. and report it to the FT
dispute it with both the CB and lenders. and report it to the FTC, attorney general's office, BBB, anyone who will take a complaint.
SHAZZERS......what I have, on my CR, are CA's that are trying to
SHAZZERS......what I have, on my CR, are CA's that are trying to collect for PDL's. However....I'm not sure if these PDL's are legal in my state. Also..I have a CA trying to collect on a 'Cash Call' account, on my CR. Any advice?
Quote:Originally Posted by sdchargers_63SHAZZERS......what I hav
Quote:
Originally Posted by sdchargers_63 SHAZZERS......what I have, on my CR, are CA's that are trying to collect for PDL's. However....I'm not sure if these PDL's are legal in my state. Also..I have a CA trying to collect on a 'Cash Call' account, on my CR. Any advice? |
Send copies of your state payday lender law with a letter stating you want these reports removed on the grounds the original lenders were extending loans to your state residents without a license, making the loan illegal to begin with. Hopefully you have already filed complaints with the FTC, BBB and your AG, I would also mention the complaints. I am assuming the CA's attempting to collect on these illegal loans have been informed by you they are attempting to collect on a bogus debt. Provide as much information (state the facts) to the CRA's and request it be removed. Your really need to provide a lot of information to these CRA's in order to get them to delete the negative marks.
Thanks for the advice, SHAZZERS. With the 'CashCall' one.....I k
Thanks for the advice, SHAZZERS. With the 'CashCall' one.....I know Cash Call isn't a PDL, however,..I have a CA trying to collect on it. (I think?) the SOL is up soon, on that one. Another question for you: Is Think Cash (Bank of Delaware) an installment loan? They SAY they are, but, their fees are like many PDL fees. How do I deal wit them?
Quote:Originally Posted by sdchargers_63Thanks for the advice, S
Quote:
Originally Posted by sdchargers_63 Thanks for the advice, SHAZZERS. With the 'CashCall' one.....I know Cash Call isn't a PDL, however,..I have a CA trying to collect on it. (I think?) the SOL is up soon, on that one. Another question for you: Is Think Cash (Bank of Delaware) an installment loan? They SAY they are, but, their fees are like many PDL fees. How do I deal wit them? |
Yes, unfortunately they are an installment loan lender and very difficult to deal with. Have you defaulted on this loan?
Hi, SHAZZERS. Yes....I have 'defaulted' on a Think Cash loan (as
Hi, SHAZZERS. Yes....I have 'defaulted' on a Think Cash loan (as I said , it's was being debited as the name First Bank of Delaware). I just can't afford almost $90.00 coming out of my checks, every two weeks. I've called them several times. ..they either transfer me to ANOTHER Rep, say there is "nothing they can do", etc. They won't even listen. GOSH..I have a headache from trying to deal with them.