A little confused...

I would recommend that you wait until they contact you and then consult with you a debt consolidation company. If you choose to work out the debt on your own, I would recommend that you speak directly to them and see what arrangements can be made.

Have you paid the principal? If so, contact your attorney general's office. Don't wait for the PDL to contact you. Send them a template letter (found on Pollyandsay's blog), making sure to insert the PDL laws of your state that they are violating. This letter should be certified with receipt requested. Also let the PDL company know that your AG will be investigating their illegal lending practices. Definitely send them a letter revoking the wage garnishments as well as one to your employer, stating that you do not give permission for any voluntary wage garnishments/assignments. Good luck. Keep us posted.

Hi, I would definately get on the move. Send those complaints in and let the PDL people know that you are complaining. It is working several states are enforcing laws to protect consumers from these predatory lenders. Best Wishes KYSIDE38

Hi guys! I wrote my letters up this afternoon and am going to send them shortly. I really hope this works!

Sappy moment here: You guys are so sincere and sweet to everyone here. I really appreciate it. Thanks again.

Good for you! It shouldn't take them long to respond. I'll keep my fingers crossed for you. Good luck!

One thing..Your payroll dept may not be able to accept that letter of defense (wage assignment revocation letter) until or if they actually receive notification of an attempted wage assignment. (Remember..This is NOT a garnishment, garnishments are always court ordered. An assignment is voluntary and can be revoked. No internet PDL will be able to get a judgement to GARNISH)

I am hr/payroll, and it is my companies policy to not accept blanket letters. Fortunately, a lot of companies simply won't allow voluntary deductions, which is what an assignment is, and won't honor it period.

How do you know if your lender would do
voluntary wage garnishments/assignments. I have read one of my loan agreements and do not see anything like that included?

No, they won't tell you. Maybe there is a codicil in the teeny tiny print. I definitely wouldn't ask, though. What company is it you're concerned about? Have you been in contact with them? Frequently you can avoid the entire mess by calling them regularly and working out arrangements.