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Phoenix Debt Management Company - Has anybody worked with them?

Date: Fri, 04/11/2008 12:44

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I am looking for a little help!

I had received a call about a month back from PDM. I spoke with the woman who in her own way was trying to get me to see what a great deal she was giving me on payment of a payday loan that they had been assigned to collect from me.

I let her know that I had faxed info to the company ASAP letting them know that I had contacted the Massachusetts Division of Banks who let me know that I do not have to pay anything above the actual cost of the loan (which I actually paid $40.00 more already) , since it is illegal to offer these loans in Massachusetts.

Well, I did not pay this great deal that she was offering and they have since called my employer to verify employment. I took the advice that I see many people posted, of faxing, emailing, and sending by certified mail, a debt validation letter. Well, that was last week and they still have not signed for the certified mail.

I received a phone message today from the "investigation dept" and said that he has a few questions, before he sends the paperwork out to my employer.

Any advice what to do?? :?:

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Total Replies: 10

phoenix debt management company is a bottom feeder CA i would give a written letter to your HR revoking any wage assignment.they can't do anything butthreaten illegaly.they can try to sneak a wage assignment thru.if you revoke that with your employer they can't do anything really.

Sub: #1 posted on Fri, 04/11/2008 - 12:50

paulmergel
Moderators Cum Industry Expert
(Posts: 15511 | Credits: )

I got a call from them also and I told them what number to call to verify employment because she kept calling me at work trying to scare me into paying $190. So when I gave her the number. I never heard from them again. They just sold my loan to Legal Mediation and they tried to scare me into paying by saying they were going to "deal with me" and I guess take me to jail for check fraud. I haven't heard from them about that debt. Now they are calling about another debt.

Sub: #2 posted on Mon, 04/14/2008 - 10:30

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I ALSO HAVE DEALT WITH THIS COMPANY. I PAID THEM 110 FOR A PAYDAY LOAN THAT I HAD WITH ANOTHER COMPANY. I FOUND OUT THAT I PAID ANOTHER DEBT COMPANY FOR THIS LOAN. NOW PDM TELLS ME THAT THEY WILL NOT REFUND MY MONEY BECAUSE THE CASE WAS SENT TO THEM, BUT I FAXED THEM PROOF THAT I PAID THIS DEBT LAST YEAR..HELP PLZ

Sub: #3 posted on Wed, 04/30/2008 - 09:46

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send a DV and a C&D letter,send them certified mail return receipt.they cannot validate.any firther contact after they receive those letters are fdcpa violations.

Sub: #4 posted on Wed, 04/30/2008 - 11:46

paulmergel
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(Posts: 15511 | Credits: )

I've been working with a pay day loan assistance firm to negotiate with these folks. You pay them and they in turn pay your payday loan creditors. They know all of the tricks. Call 800-957-8319

Sub: #5 posted on Wed, 08/20/2008 - 09:03

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I've been working with a pay day loan assistance firm to negotiate with these folks. You pay them and they in turn pay your payday loan creditors. They know all of the tricks. Call 800-957-8319

Sub: #6 posted on Wed, 08/20/2008 - 09:03

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Who is Phoenix debt management company?

Sub: #7 posted on Wed, 08/20/2008 - 11:23

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a collection agency

Sub: #8 posted on Wed, 08/20/2008 - 12:01

danilewis82

(Posts: 296 | Credits: )

well thats a trick name...usually with a name like that you would think they are a debt management company, which is NOTHING like a collection agency.

Sub: #9 posted on Wed, 08/20/2008 - 13:27

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My advice is to send the C & D Letter ASAP!

Sub: #10 posted on Thu, 08/21/2008 - 15:32

wssu92

(Posts: 510 | Credits: )