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PDL success story

Date: Tue, 01/06/2009 - 16:54
Submitted by on Tue, 01/06/2009 - 16:54
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I had 5 of these going plus Cash Call .. I used the advice in this forum and the outcome is that 2 of them marked my account PIF (ameriloan & paycheck today), I got an agreeable payment plan with cashnetusa (mailed my last payment today!). I got an agreeable payment plan with thinkcash. I am still working with one lender (payday one) and then I got a settlement offer from Cash Call. Under their contract I would have to pay 23 more 216.55 payments. They offered me 6 payments of $267. Anyone else gotten a settlement from Cash Call?? I have not been able to pay them since September 08 and this came out of the blue without my request... could this be because of economic or law suit pressure?


Hi - congratulations on all the progress! I dont know the answer to your question unfortunatley but I was interested to notice that you had a loan with Payday One. I am still trying to work with them. My husband and I each have a loan with them and so far they just email me and ask me to call them and wont discuss anything on email. Have you had any luck arranging a repayment plan? I dont know what to expect as far as will they still continue to charge the horrendous interest etc.

Thanks and congrats again on your success so far - good luck with the rest of it!


Submitted by lesleyreid on Tue, 01/06/2009 - 18:10

lesleyreid

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So far the payment arrangements that they have insisted on have been more then we can pay and still feed our kids and pay the bills. I am still hopeful on arranging something. I closed my bank account so they have no direct access to my money and they did say that they would take a money order but we have not come to an agreement on terms.


Submitted by on Tue, 01/06/2009 - 19:00

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Do you mind me asking if they were going to continue charging you interest at the rate in the contract with the repayment terms they offered, or are they just asking you to pay the outstanding principal? Thanks :) I am going to fax them a revocation of the ACH authorization. It seems others have said they will honor that and accept alternative methods of payment.


Submitted by on Tue, 01/06/2009 - 19:40

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