logo

Debtconsolidationcare.com - the USA consumer forum

Payday OK

Date: Tue, 08/22/2006 - 07:38

Submitted by Tiffany99
on Tue, 08/22/2006 - 07:38

Posts: 1058 Credits: [Donate]

Total Replies: 3


I defaulted on a loan with Payday OK about a month ago, and advised them before the loan defaulted that no further debits to my checking acct. would be honored, as the acct. was frozen. I gave them a proposal to pay off the principal balance of $240. I received a reply stating that they do not make payment arrangements, yet they gave me until 7/31 to pay off the $240 in one lump sum.

I received an email last week informing me that they had tried to debit my acct. and the debit wouldn't go through, so they were charging me a $25 NSF fee. I informed them that I am not paying the charge because I told them over a month ago that the acct. was frozen. I reminded them that I had offered a settlement proposal and they wouldn't accept it. They said there's a balance of about $350 (due to their charges) and they will settle for $240 in one payment. AHHHHH!!! Do they not listen? They told me to reply and let them know if I will accept the offer.

I have consolidated all of my pdls and included Payday OK in the consolidation. Should I reply and let them know that since they wouldn't settle with me, they can talk to the company handling my consolidation, ignore the email, or what?


Wow, when I defaulted with them they gave me no problems. They accepted the payment arrangement that my credit counselor had sent to them. I never called them or anything and they never called me. What is the proposed amount that your consolidation company will be seding them everymonth?


lrhall41

Submitted by PinkLady on Tue, 08/22/2006 - 07:44

( Posts: 1720 | Credits: )


I just started working with CCC of America last week and they advised that the best route for my situation was to do settlements with the pdls. So, I very much doubt they will be sending them monthly amounts. They'll just try to secure a settlement figure and then when enough money is in my acct., will pay the smaller stuff off first.


lrhall41

Submitted by Tiffany99 on Tue, 08/22/2006 - 07:59

( Posts: 1058 | Credits: )