About to wake a sleeping dog - Power Funding
Date: Mon, 10/01/2007 - 12:28
Submitted by joshua1987tree
on
Mon, 10/01/2007 - 12:28
Total Replies: 9
So I called Power Funding and they sent me over to a collection agency, which wasn't a surprise because they had sent me an email about it back in February, but I had to call because I had no idea who they sent me to. So the lady there told me they turned me over to I-Collect at 866-856-1024, and thought it was strange they hadn't contacted me yet. She told me I have to leave a message for them and someone would call me back.
I had taken out a $200 loan with Power Funding and they charged a $60 refinance fee, which I did a couple of times. So does anyone know how much extra fees I-collect is going to tack on, or are they pretty reasonable? Also do they pretty easy to set up payment arrangements?
I Collect is prety unreasonable - Do a search for them on this s
I Collect is prety unreasonable - Do a search for them on this site and you will get an idea of how they act. They will probably tell you that you now owe like $1200.
Is it a "legal" debt? Legal pdl in your state? What state are yo
Is it a "legal" debt? Legal pdl in your state? What state are you in and I can send you the interest rates....
Josh, How much in total did you pay back on the 200.00 loan? Is
Josh, How much in total did you pay back on the 200.00 loan?
Is it a legal PDL? Internet or store front? If you paid back 60.00 a few times, chances are you have already paid them
Well, I live in WI, and the state laws on interest on pdls aren'
Well, I live in WI, and the state laws on interest on pdls aren't really concrete here. Power Funding is an internet loan, and it's not licensed in my state.
Well. how much have you paid them. I certainly would not pay the
Well. how much have you paid them. I certainly would not pay them any more than is legally owed. Josh figure out how much you have already gave them. You may be able to get a PIF here
Ok, I will have to check later tonight and look at my bank state
Ok, I will have to check later tonight and look at my bank statements. I am not sure how to deal with Power Funding or I-collect...should I call and leave them a voicemail after I figure out how much I have paid, or should I send them a letter? I'm not even sure if I-collect has my account now. Or should I just wait until they decide to contact me???
I would wait. If they have not yet contacted you, why wake them
I would wait. If they have not yet contacted you, why wake them up.
Get the address for I-Collect and have them validate the debt...
Get the address for I-Collect and have them validate the debt...if you are enthused to get these cleared, might as well. And yea, took a peek at the WI laws...not a lot of leverage :(
You will find the Payday loan laws for Wisconsin here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Volley, can you please clarify the wothhless check law, that is
Volley, can you please clarify the wothhless check law, that is mentioned under criminal action. I never heard of that before
Thanks
Kash