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Resolving PDL w/Illegal PDL Lenders

Date: Wed, 11/28/2012 - 06:38

Submitted by ameoba23
on Wed, 11/28/2012 - 06:38

Posts: 13 Credits: [Donate]

Total Replies: 1


I am currently in the process of getting all my ducks in a row and have began drafting letters to the illegal lenders within my lovely PDL Portfolio. My question is, when you guys are advocating paying the principal only, does that mean amount borrowed or amount borrowed + the initial loan fee (i.e. $1000 borrowed + $250 fee = "$1250 loan")?

* I've already opened a secondary checking account, but have not diverted my paycheck to it yet.
* I am in Texas
* Thanks to PDLs, I may not make rent this weekend, nor be able to afford a Vodka-7up to destress.