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I have a loan with Mobiloans and another with Plain Green, among others. I understand that these are tribal loans and thus illegal, and in the case of Plain Green in particular, each of these two loans appears to report to one of the credit unions (TU). With Plain Green in particular, I have already paid the principal back and then some. What has everyone's experience been with some of these tribal lenders reporting negatively to the credit bureaus (particularly those that currently report) once you started taking the steps of informing these illegal lenders that you are no longer paying them (if principal has already been paid)? Do the collection agencies they use (if it gets to that point) typically report?


As far as Plain Green is concerned, they often assign the account to collection agencies. The collection agencies report the accounts to credit reports also. Plain Green is tough to deal with. The collection agencies don't agree to remove the listing from credit report easily. I don't want to scare you. But it's the fact.

Sub: #1 posted on Tue, 02/05/2019 - 22:28

ditchdebt ditchdebt

(Posts: 679 | Credits: )

It has been seen that Plain green sells the payday loan to a particular CA and the CA report to the bureau. There is an internal collaboration between them. If you have already paid the principal amount, then show the document and make a complaint against the plain green to your State's attorney general. Also dispute the error in your credit report with the credit bureaus as well. Also, if you have paid the p[rincipal amount to the mobiloans, then close the account or remove the ACH authorization so that they can't pull out more money from your account.

Sub: #2 posted on Fri, 02/08/2019 - 05:07

Sanders Patricia Sanders Patricia

(Posts: 1238 | Credits: )

I would agree with Patricia and ditchdebt. But I have few extra words for you too...
Why do you take out payday loan at the first place? Payday loans are traps to make you fall into a debt cycle that never ends.
Deal with plain green now, and make sure never go for payday loans ever again...

Sub: #3 posted on Sun, 02/10/2019 - 21:35

tiarajoseph11 tiarajoseph11

(Posts: 470 | Credits: )

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