Loan Shop On-Line/LTS Management
Date: Tue, 03/10/2009 - 15:49
I defaulted on a loan with Loan Shop On-Line. The original loan amount was $500. I have subsequently paid back $490. They are hounding me for $160 more. I am willing to pay $10, which would satisfy the original balance. I have two questions: is the company licensed in PA (where I live); and how do I go about getting them to accept the balance of $10 to satisfy the original loan amount and to get them to drop their efforts of getting more money (in fees, I'm assuming) from me. Any help would be appreciated. I would like to take care of this asap, as they are really starting to contact me again.
I do not believe Loan shop Online is licensed anywhere. I dealt
I do not believe Loan shop Online is licensed anywhere. I dealt with this company and found them easy to work with once I told them they were not licensed to lend and my obligation was the principal only. At the time I borrowed $300 and had already paid back $270. After speaking with one of their representatives I went to Wal-Mart and sent a money gram for $30. The rep then sent me a PIF via email.
