I've done it! I'm scared to death!

Date: Wed, 12/03/2008 - 13:24

Submitted by sebrown0201
on Wed, 12/03/2008 - 13:24

Posts: 9 Credits: [Donate]

Total Replies: 5

I've finally done it. I've emailed and/or faxed letters to all 14 of my pdl's. I closed my cu account last Friday and my cu opened a new one for me. I've offered payment plans to all the pdl's that I still owe money. I know from reading on here and previous postings that pdl's if not licensed, are illegal in Florida. I've offered to pay them all back the principal amount of the loan. The payments are small and will probably take me a year to get them all paid off. Now I'm scared to death as to what is going to happen. How soon do the phone calls start? I don't know what will happen if they actually talk to someone else at my workplace.

Hi se, Don't be scared, it will be rough in the beginning, but

Hi se,
Don't be scared, it will be rough in the beginning, but everyone at this site will be here if you need us :D
The calls could start right away or they could take a few day's, it depends on the pdl. I would tell your co-corkers that you are having a problem of some sort & they may get calls, if so please hang up or ignore them. Some people on the site told their co-workers that had been a victim of identity theft...at least that way they are behind you from the beginning...

lrhall41

Submitted by dawnlango7 on Wed, 12/03/2008 - 13:34

( Posts: 1147 | Credits: )

This is the response I got from CAN regarding my letter I sent t

This is the response I got from CAN regarding my letter I sent them.

You are 100% incorrect. We are a sovereign body licensed to conduct business
throughout the country and will aggressively pursue this. We granted you a
$400 loan which you voluntarily signed for on 11/25. Your balance is $520.
You have one chance to pay us back the $400 by 12/5/08 via Moneygram only.
Our account information is below. Failure to abide by the loan agreement
you signed or failure to pay back the $400 you received on 11/26 by 12/5
will result in your account being deemed fraud and dealt with accordingly.

MONEYGRAM INFORMATION
CASH ADVANCE NETWORK

MUST USE THE
BILL PAY EXPRESS FORM

PAYABLE TO: CASH ADVANCE NETWORK
RECEIVE CODE: 6215
BALA CYNWYD, PA 19004

ACCOUNT #: CUSTOMER SSN

Is he right? I live in Florida.

lrhall41

Submitted by on Thu, 12/04/2008 - 05:00

( Posts: | Credits: )

No!!!! Hopefully PaulMergel will give you his account of a sove

No!!!! Hopefully PaulMergel will give you his account of a sovereign body like he gave me, it was hilarious. This is just intimidation.

lrhall41

Submitted by kfstaff24 on Thu, 12/04/2008 - 05:21

( Posts: 1448 | Credits: )

do not worry about any of this! it is going to be fine and every

do not worry about any of this! it is going to be fine and everything will work out. the companies that are not legal are the wrost with the threats because they know there is not too much they can really do to you.

lrhall41

Submitted by bea2ls on Thu, 12/04/2008 - 05:54

( Posts: 3840 | Credits: )

Looks like you hit a nerve, no worries, let them do all the purs

Looks like you hit a nerve, no worries, let them do all the pursuing they want as they won't get far as an unlicensed lender. I would just reply with something like this:
Does this mean you are refusing payments? If so, then that is your choice.
Have a nice day.

lrhall41

Submitted by Shazzers on Thu, 12/04/2008 - 06:03

( Posts: 17344 | Credits: )