Pay full contracted amounts to PDLs

I think you got the wrong information about the debt management company. They won't pay your full debt to the creditors in one time. You will have to make the monthly payments and it will be used towards your debt accounts with different creditors. Remember, if you default in your monthly payments, your consolidation program will get hurt.

Very strange...I must have asked the rep. 5 times to make sure I understood her correctly.

Can you confirm that this is indeed an authentic company and that the PDLs will be paid off providing I keep up with the payments evedyr month.

I am not personally enrolled with T&C. There are a few here who have been taking their services and making monthly payments to them. Hopefully, they will give you a better insight after they read your post.

OK. I look forward to reading their postings. I am interested in others' experiences - good or bad.

I have been with T&C since December and they do not pay off the creditors and then you pay T&C. You pay them weekly, bi-weekly or monthly and they pay the creditors the proposed amount each month. I have never had one problem with them, other than sending my payment by money order and it got there late. So now I send my payment through Western Union and payments are sent the following Monday.

Thanks, Tammy. That is a real help and also makes me feel much better about the company. I did check w/the BBB but it's nice to hear it from someone who is currently on the program.

Now have you had any calls from your lenders?

I am officially pdl free. I sent them all a letter and they marked the accounts paid in full. I also got one refund. Keep in mind that I paid these companies twice what we borrowed. One pdl, I paid over $1000.00 on a $300.00 loan. They finally gave up and marked the account paid in full. Now all we have with T&C is credit cards. We received phone calls at least 30 times a day from the pdls til I signed with T&C and then after they received 3 payments, all the phone calls stopped.

Wow! How did you do that? I have more than paid double what I owe on these PDLs. I would love to mirror what you did.

Go into this link and there is a templete letter that alot of us have had success in using against the loan sharks.

http://pollyandsay.yesdebtfree.org/template-letter-for-settlement-with-internet-payday-lenders/

Thanks a bundle, Tammy. I'll give it a try.

M

did anybody work with this dept consolidation company area code 386? they have toll free number too.
i got the call from them right after i signed up on this site and they said that they can work on pdls, too.
my monthly payment will be about $340 and it just seemed too easy?

vivian---I am kind of confused about what you are asking? Would you mind rephrasing it?

Vivian,

Just to give you an idea - I have about 5200 in PDLs and T&C has me paying about $264 per month. Does this help in terms og gauging the cost effectiveness?

M

hi mercy, lorri
i've talked to this counseler from dept conlidation company and told them all the pdls that i have.
i was told that i can make payment every month of $340. i have about $6000 of pdls altogether.
this is my first time to have consolidation and i was just wondering if i am with good company...

There is nothing to worry if you have the contract in writing. You will have something to prove if there is a possible dispute later and if they go against their terms and conditions. I will think of getting started and take care of the past debts having no other better options.

do i have to wait for T&C to call me, or is there a phone number that i can call. these stories are so excellent. i hope that i can have the same outcome. i am paying about 400-500 hundred dollars every two weeks. i need help.

lilruby4

Someone from your area is going to call you back soon for free counseling. Wait for some time. :)

yeah they told me the same thing when they were trying to get me signed up for the program. what they mean is they pay the company the whole amount through your monthy biweekly or weekly payments. they kind of twist the words around at first. but they are a good company. they just didnt work out for me.

thanks, i guess i am just a little impatient.