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Spot Loan should I do anything?

Date: Sat, 10/12/2013 - 05:38
Submitted by on Sat, 10/12/2013 - 05:38
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So all my loans illegal/legal with the except of WS/CC are done, paid, settled. I had a Spotloan loan and I sent them all the ach/wage revoc letters and paid back the principal months ago like in early June. They haven't contacted me once or anything but when I log onto the account it says I still owe like $750. Which is all "interest". I took out a loan for $500 and I live in Michigan. Should I be worried that they'll come after me? It's been like 4 months and haven't heard a peep. Seems odd.


I doubt they will come after you, they may turn over to a CA down the road, which at that time you will send a C&D.. Curious though when you say you sent them the revoke letter and then paid back the principal - did you do this before they agreed to your terms or did you have something from them in writing say they agreed to accept principal only?


Submitted by HelpinAZ on Sat, 10/12/2013 - 05:45

HelpinAZ

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I paid back the principal first then I sent them all the revoke letters. I just worded my post wrong. I first paid the principal then closed my bank account and sent the letters. They wouldn't agree that I was paid in full.


Submitted by on Sat, 10/12/2013 - 12:02

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