what should I do
Date: Sat, 04/24/2010 - 18:08
Hi My name is Helen I have a payday loan thru CardinalMgmt/B&L for 200.00 after I pay back it will be 260.00 well I did not sign the contract and I thought when she explain it to me that they will take 60.00 a month out of my account until paid off but when I call them to see How much I owe they said still said 260.00 they said I still owed because I did not sign the contract to pay in full so they were continuing it by taking 60.00 out of my account a month so I asked could she fax the contract to me and she said she would have to send it to my email checked never recieved it so I have still paying the 60.00 to continue thru my bank account I just recieve a phone call from a man claiming to represent Cardinal Magment/B&L that they are sueing me because I have made no payments trying to explain to the lawyer but he would not listen sueing me for 8000 dollars and be prepared to go to jail with bail out money I have not recieve any thing thru the mail saying I was being sued by them they did not even Identify their law firm I told them all I want to do is pay back the 260.00 they were giving me confliciting message I ask could send it to them western union today they wanted me to give my credit card number can u please give me some advice Iam not trying to steal from these people I have been paying them to continue and I have the bankstatements to prove it.
What state are you in? NEVER admit to owing a debt over the phon
What state are you in? NEVER admit to owing a debt over the phone. Unless you receive a letter of collection in the mail from these people don't speak to them again on the telephone, remind them they are required by federal law (FDCPA) to send you a letter of collection in the mail within 5 days of thier first initial contact with you.
