logo

Debtconsolidationcare.com - the USA consumer forum

Forums
  • Latest topic

PDL Ventures and Collection Agency

Date: Mon, 04/05/2010 - 09:45

Submitted by anonymous
on Mon, 04/05/2010 - 09:45

Posts: 202330 Credits: [Donate]

Total Replies: 4


I received a voicemail from a collection agency saying they needed some information from me to verify a check. I don't have any outstanding checks so I called back to see what was going on. The company is FFG & Associates or Frontier Financial Group. The woman who answered said I owe $488 for a payday loan from September 2008. I told her I don't know what she's talking about and I need to see something in writing. She asked for my email and I gave it to her. She sent me a letter from some law firm in Las Vegas saying I owe $488 to PDL Ventures for a payday loan in September 2008. I faxed and sent certified mail a debt validation letter to the attorney's office. This is what I received back, via email...nothing else attached and I don't believe this verifies the debt does it? Don't they have to send me the original contract and something showing they are licensed to collect debts, what payments were made on this debt, etc?

Dear Sir or Madam:
Per Section 809 of the Fair Collection Act and Clark v. Capital Credit & Collection Services, Inc., 430 F. 3rd 1162, 113-74 (9th Cir.2006), we have validated the above account by confirming the following information:

Original Creditor: PDL Ventures
Debtor Name: my name (taken out for privacy)
Debtor Address: my old address (taken out for privacy)
Balance of Account: $488.00


This information satisfies our obligation to validate this account. Please contact our office to discuss resolution of this outsanding balance.

Does this really validate the debt? It's just an email and doesn't show anything saying I agreed to pay PDL Ventures or where they came up with the $488 amount. What should I do?

Thanks.


No, it doesn't satisfy their obligation to validate a debt, lol/ I could have sent that email, or anyone for that matter. Debt validation is required per mail, however, first you should have received a letter of collection per the FDCPA. Respond back to them and tell them you are going to file a complaint against them with the FTC, BBB and your AG for violating the FDCPA. Don't send them a dime until you receive a letter of collection in the mail, that is the federal law, they are obligated to follow the federal law, see the link below:
http://www.expertlaw.com/library/consumer/fair_debt_collection.html#6


lrhall41

Submitted by Shazzers on Mon, 04/05/2010 - 09:50

( Posts: 17344 | Credits: )


No that does not validate the debt! You need to receive something in the mail. They do not even have the law named correctly! Send them another certified letter telling them that you require the following! Proof they are licensed to collect in your state! Proof that the lender is licensed to loan in your state plus A copy of the original agreement between you and the lender including payment history! Deny everything! They will pick a softer target! I seriously doubt that they are a law firm!


lrhall41

Submitted by Frogpatch on Mon, 04/05/2010 - 09:51

( Posts: 5381 | Credits: )


Quote:

Originally Posted by frogpatch
No that does not validate the debt! You need to receive something in the mail. They do not even have the law named correctly! Send them another certified letter telling them that you require the following! Proof they are licensed to collect in your state! Proof that the lender is licensed to loan in your state plus A copy of the original agreement between you and the lender including payment history! Deny everything! They will pick a softer target! I seriously doubt that they are a law firm!

Hi there!!


lrhall41

Submitted by Shazzers on Mon, 04/05/2010 - 09:58

( Posts: 17344 | Credits: )