storefront pdl collections calls

Keep in mind this is a storefront lender licensed in your state and you have defaulted on their account. Unfortunately, they are in a better situation and might take you to the court if payments are not received by them. You must get some arrangements done before they put you into any troubles.

Bridget is correct, but a few things to toss into the mix here: Depending on what state you are in, defaulting on a PDL, including a storefront is not a criminal offense. You might go to arbitration or civil court, that's true.
I would still make payments on this loan. If they don't accept them (and I really think they will), this will show a goodfaith effort, which will impress a judge and only help you.

kscornell, hope you don't mind if I toss in a thought or two here too!

When considering the fact that you could be taken to court by these lenders, be aware that they won't hesitate to do so - they have the law on their side when it comes to defaulting. And if they take you to court, and for some reason, you don't show up for the court date, the judge will award them a judgement against you by default, and they can (and most likely will) proceed to file a garnishment against your wages.

I wouldn't let it get that far. As much as you hate dealing with them, bite the bullet and do what you can to make an amicable arrangement with them on the payment of this debt. In this situation, you can only lose if you don't.

I don't intend to let it get that far but should I just let T & C send them a payment w/proposal? They would do it first thing next week since I am sending them their retainer. How fast do you think they would move to sue me? Today was the first call other than my call to them last week before I actually defaulted. Stacy with T & C said that they would be able to provide proof of course of payment and that we had contracted them for payment. My other thought would be to take a small payment of $50 or so to the actual store until T & C can send them a payment. I was told that's where payment would be made anyway. What should I do? Let T & C handle it? Checkmate won't even talk to me now.

T & C will first send a proposal agreement to them. The retainer fee does not include payments to creditors unless you are sending in extra. I never defaulted with a store front, all of mine were internet. What state do you live in? This might shed some light on the situation. You have to look at all factors: they are licensed, how much you owe them, and how much your payments will be to them through T & C. I don't think a good faith payment would hurt at this point but you might want to check with your counselor at T &C to get her advice.

I called T & C and was told if I can afford it, I can make a small token payment to the storefront until they are able to get the proposal out. She stated that if I can't not to worry about it. She did confirm that the first payment is their retainer but I would have $20 to start on my account and the next payment would be to send payments to creditors. So worse comes to worse they would send to them first. I am just going to let T&C handle it from here.