Installment & Lines of Credit Loans

Date: Sat, 07/08/2017 - 08:54

Submitted by rickvega625
on Sat, 07/08/2017 - 08:54

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Total Replies: 3

I have a couple of installment and lines of credit with extremely high interest rates and outrageous terms, similar to PDL's. The company is Advance Financial. Are these type lenders treated like PDL's in that I can stop their collection activities by sending a cease and desist letter? Are these companies treated the same way legal way as PDL's?

Where are you from? Are you

Where are you from? Are you facing harassment? What are the loan terms?

lrhall41

Submitted by Sanders Patricia on Mon, 07/10/2017 - 05:52

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Yes you can..I'm pretty much

Yes you can..I'm pretty much sure about that.
A cease and desist letter is often the most effective way to force debt collectors to stop their harassing phone calls and surprise visits.

lrhall41

Submitted by tiarajoseph11 on Mon, 07/10/2017 - 06:51

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You certainly can revoke

You certainly can revoke their ACH authorization. Have you paid back more than the principal amount?

lrhall41

Submitted by Michael Puttman on Mon, 07/10/2017 - 20:18

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