Collections

Date: Wed, 08/08/2012 - 18:41

Submitted by anonymous
on Wed, 08/08/2012 - 18:41

Posts: 202330 Credits: [Donate]

Total Replies: 1

Took out a payday loan from Payday Max. Was a very good customer of theirs and never had any problems with the numerous loans i had previously. I had taken out a loan for 300.00 and due to certain personal circumstances I was forced to close out the account I had the ACH debited from. I think one payment was made and the loan extended. this was about 2 years ago. Ive never received any calls or contact from them until recently from a collection agency. It honestly slipped my mind. Now the collection agency is saying I owe approx 1600.00. I tried to negotiate for the principal amount owed but they say I owe them the whole thing. Can I fight this? I cant afford a lawyer. I live in PA.

All pdl's are prohibited in PA...thus the contract is invalid.

All pdl's are prohibited in PA...thus the contract is invalid. Also Payday Max is a foreign PDL. You owe principal only...no fees, no interest. And since you have previously overpaid them, I wouldnt give them another dime.

Simply send the following to the CA/law office calling you.

Dear Collector Man

I hereby demand you cease and desist all contact with me and anyone associated with my in regards to account # ________, original creditor______________. Payday loans are prohibited in my state of PA and thus the contract I signed is invalid, null and void.Payday Max is also a foreign lender with no license to lend in the US I am revoking any and all ACH rights and any wage assingments I might have signed.

lrhall41

Submitted by SOAPLADY on Wed, 08/08/2012 - 20:48

( Posts: 17315 | Credits: )