First Bank of Delaware Instlmnt loan

Goofy, Have you tried talking to a person and explaining the situation. First Bank of Deleware is going to be legal and licensed and can send the account to collections if you do not pay. The account is closed so they can not process the payment and drive you further into the red, use this time to try to convince them to work this out. There are members here who have loans with the First Bank of Deleware who can advise you further. I would suggest you use the search box at the top right side of the page to search Check n go and First Bank of Deleware and see what other members have experienced with these companies... Roxy

No, I haven't spoken to a person yet. Only via email. I will attempt to contact first bank of deleware
again tomorrow, by phone & see if I get anywhere.

goofy-based on their response, it sounds like first bank of deleware might have been under the perception that you wanted to do a hard due-date change, when in reality all you were asking for was an extention.

Definitely call them to ask for arrangements.

Goofey, I hope that works out. Please keep us posted and let us know how it works out.

Sorry I haven't posted in a few days ya'll!

It took me a few days to get up the nerve to actually contact first bank of deleware, but I did do it. Initially, I was gonna try to borrow the money to make the payment, but upon getting their response, I decided to make a new set of repayment terms that I COULD afford. I sent them an email, revoked any rights to my bank account & any wage assignments. Also instructed them that they were not permitted to contact my employer OR my references, that all contact was to be made directly with me via USPS or email. First bank of delaware called me once so far, but I hadn't sent the letter at that point. I told them I could pay $100 a month until the loan was paid in full. I took the loan out for $13oo & have paid back $1096 so far. Unfortuantely, due to the high rates, the total of the loan is $2200, so I still have a ways to go. However, as much as it sucks, I agreed to the terms, so as long as they accept my arrangements, I will pay the loan in full.

Thanks so much for your quick repsonses & assistance. I absolutely could not & would not have been able to do this if not for you wonderful people & this site!

First Bank of Delaware(FDIC) is an actual bank, not some payday loan type place. If they actually did lower your monthly payment I would imagine that you will not even be covering the interest that accrues every month and it will never be paid off.

Also, be aware that this is the original creditor, so they do not have to honor the no contact letter you sent. They have every right to contact you. The only request that they must uphold is to not contact you at work if you ask them not to. But they are allowed to still call you . . . . .

So, in others words, I am screwed when it comes to ever paying this off, unless I pay the original setup of $600 a month?!?!

It's possible they will agree to the terms, although knowing how First bank of deleware acts, I doubt they will. These types of installment loans are killers.

worried about it. my credit is screwed anyway, so wtf

hey, i have a loan with them as well but am unable to contact anyone there. The number i have is no longer in service, could you give me the info you have so i can contact them. thanks a bunch

1-866-420-7157

I found this tread because i also have a loan with them...
I just wanted to say leagally , if you request for them not to contact you at all, by law they can not. They can just simply take you to court and garnish your wages for the rest of the amount, or just write it off...

i also have a loan through them and no im sorry to tell you but if you dont pay the loan the only thing they can do is take you to court that it they can not by law take any money from your work been there done that

The name "First Bank of Delaware" is that of an acutal establishment in Delaware. It is also the name of a phising company! I'm not sure if the real bank is aware of the phising company attempting to impersonate it and embezzle funds from well meaning Americans seeking help. Note the websites: REAL: 'www.fbdel.com'. FAKE: 'www.fbdloans.com'. Looks similar, but not the same. They will take your info and ruin your credit! Beware! and if it happens to you, FIGHT BACK!

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i also have a loan with fbd and could not make my payment this month i also closed my bank account and they are unable to take the payment out. i have not contacted them as of yet but do plan to do so. this is probably the worst decision i made to take a loan thru them. can anyone give me adivse as what i should do to repay this loan

I think this is a legit company so you need to contact them. Talk to them and see what they can do for you. Tell them how hard things have become for you. As a consumer you do have rights even with legal loans. At the top of this forum you can do a search on them and read what others here have gone through and how they have handled things. This should get you started.

I have a loan with fbd the original amount was $ 1000.00. I am ready to paid it off. Does anyone know if they will let me take out another loan for a higher amount??

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I had a loan with them also. Closed my account and was able to settle with them for half.

Fbdloans.com and fbdel.com are the same company!

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I'm not Weimgirl but, my suggestion is that you contact them, tell them you can't afford to pay off the loan under their terms and offer them an alternate arrangement that you can afford and that will include some, but not all of the interest they are trying to collect.

Good luck!

hey guys a need a loan have awful credit, but i was looking at the first bank of delaware need to get a loan please advise me on how to do this. thanks any anwer will be appreciated

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I completely agree there. I have gotten a loan through FBD, and still have 2 payments left. It was only for 500 dollars, and I am having to pay back 1200. Well over twice the amount i borrowed...

My advice to anyone on here attempting to get a loan.. Dont do it! If you are getting a loan to begin with, then money must be tight. Yea, the money is nice the next day but this loan you just recieved has become another bill. I pay 77.90 every two weeks.. that averages out to be 155.80. Another bill...

You will only cause yourself more heartache and stress by doing this. I cannot even attempt to try and explain how bad of an idea that would be.

I so agree with you on this! I have 2 more payments and will be so happy to be done with them and one less "bill" to worry about in the new year!

I have an installment loan with them as well. I borrowed $500 from them and I pay $82.39 every 2 weeks. Interest rate just sucks........but they have changed their name to ThinkCash.com, not sure how legal that is? But its still under First Bank of Delaware.I know that when I get them paid off I WILL NOT BE USING THEM OR ANY OTHER PAYDAY LOAN COMPANY PERIOD.

I noticed that as well. My emails regarding payment changed, as well as their website. Also, your loan seems to be a little more expensive than mine is.. I wonder what all else they are changing

Its alright, I wont use them again. 2 payments left and then I am rid of this headache. To anyone else out there, good luck. Also make your payments on time.. They are sharks. I had to extend a payment on one occasion, which was almost impossible. They dont care about any situation you might be in.. They just want their severely overpriced payments on time. Over 300% interest.... They are thieves letting us do the work for them.

Did anyone else have problems with them accepting the prepaid cards?

I had a loan with u guys and want to take anoter one for 500

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I am so glad it read these posting this morning I was at the end of my rope and didn't know what I was going to do. I had looked at Delware Bank website and just about to apply but this morning these blogs appeared. I know that is the work of God letting me know there is another way. Thank you God and for the person who posted this message.

I a getting calls from some attorney now threating to take me to court. I'm gonna let them because I'm finding out these type of loans are illegal in the state of PA. ( with the interest rate they are charging. My boyfriend just went to Court with Capitol One and won. So I'm gonna take my chances.

An illegal payday loan is total different to a legal credit card. I would be sending the attorney a cease and desist letter in writing, demanding they never contact you again. The loan contract is invalid and he has dirty hands trying to collect on it since he should know your state laws.