New and need help

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Originally Posted by billywhip2 All of you guys are a bunch of dishonest pieces of crap. I don't see how you don't see that you are stealing and that all of you are going to rot in Hell. It is people like you that make our economy so bad. I don't see you complaining when these companies give you money to keep your electricity on, or buy food for your families. How quickly people forget and then look to screw over the person or people that helped them out.

Apparently, you've never been the victim to one of these outragiously illegal forms of abuse.
When I took out MY loan for $500, the first payment they took was a total of $350.
This was for partial payment and "interest".
The very next month, another $350 for partial payment, interest and "extension" on loan. That's ALREADY $700.00!!
The NEXT month, another $350! THAT is when I closed the account and went to another bank.
Then I get phone calls that I owe them $690!! ($500 and "late fees")

For a lousy $500, I ended up already paying these slimeballs $1050.00 and they STILL wanted more!! Then the treats begin.

So exactly HOW do you figure we're trying to "get out" of paying our bills? I paid mine plus over 120% interst (or fees as they call it) in THREE months.

In case you ever find yourself in a predicament like I did, let me give you a little advice.
Payday loans charge up to (APRs) of 650% interest!! That's recent statistics. I'm sure that will increase now that the financial bill has been signed. More people will need these loans because banks will no longer lend. BUYER BEWARE!

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ignore billywhip he/she probably works for a pdl company.

I disagree. billywhip sounds like a high school BULLYwhip who was born with a gold spoon where the sun don't shine. He'll get his one day.

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Originally Posted by giollachrist How long should I wait for replies? I have gotten two, but haven't heard from the other ones - no calls, no emails, nothing! Kind of surprising me that I am not even getting threatening calls.

Actually I just went to my bank and had everything blocked and opened up another account. When I sent the letter to PDL Loan (AKA High Country) I got the following email within an hour of sending the fax....
Ms. Williams,

We are sorry to hear you have not been satisfied with your experience
with Spot On Loans. We have reviewed your account with us and we are
willing to settle on your account. We will settle with one final payment of
$455.00.
This payment will need to be made via money order and sent to the
address below. We will allow 30 days for receipt of this payment.
However, if we do not receive payment on or before 08/30/2010 the
collection process will continue on your loan and you will no longer
be eligible for a settlement.

Spot On Loans
P.O. Box 140
Box Elder, MT 59521

--
Thank you,

Account Services

Spot on Loans, formerly PDL Ventures
1-800-707-0102 ext. 1850
Monday-Friday, 7-3pm (MST)
[EMAIL="Accountservices@spotonloans.com"]Accountservices@spotonloans.com[/EMAIL]

*You must notify this office within 30 days after receiving the first
notice if you dispute the validity of the debt or any portion thereof or
the office will assume the debt is valid. This communication is from a debt
collector. This is an attempt to collect a debt. Any information obtained
will be used for that purpose.*


As you can see, they go by about 10 different names, and I listed all of them on my letter so they couldn't come back into my account under another name. I am so thankful for this forum, and feel like I am getting back in control. I am still awaiting an answer form USFastCash, and OneClickCash, both operated by the same company.