PayDayOne/Lighthouse Recovery
Date: Tue, 03/01/2011 - 13:12
Good Afternoon,
I orginally got a loan from PayDayOne for 500.00. I paid them 283 then I went default. Now my loan is with the collection agency Lighthouse Recovery/Powell Law Office. Am I entitled to pay the 810.94 they are asking for? I'm in TN and with the PDL laws then I'm only entitled to pay 530.00. I have sent them a validation letter and they sent me a letter stating that I owe 810.94 and that I needed to make arrangements or they will sent it possibly further. What can I do?
Thanks in advance,
Trece
I orginally got a loan from PayDayOne for 500.00. I paid them 283 then I went default. Now my loan is with the collection agency Lighthouse Recovery/Powell Law Office. Am I entitled to pay the 810.94 they are asking for? I'm in TN and with the PDL laws then I'm only entitled to pay 530.00. I have sent them a validation letter and they sent me a letter stating that I owe 810.94 and that I needed to make arrangements or they will sent it possibly further. What can I do?
Thanks in advance,
Trece
Have they validated the debts? If the collection agency have not
Have they validated the debts? If the collection agency have not validated the debt, then you're not liable to pay them.
They only sent me a letter stating that I owe 810.94 from Pay Da
They only sent me a letter stating that I owe 810.94 from Pay Day One. Is there another letter that I need to send to them?