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In 2007, I was dumb & took out several PayDay Loans. I honestly thought I had paid them all back. Now, I am receiving calls
Daniel's answer
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Answered on November 13, 2014
There are extensive reports and FTC actions about bogus payday loan collection activities, including by persons who have information about loans. ...
Archived
How long does a financial institution have to void an offer for a loan?
Daniel's answer
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Answered on November 13, 2014
Car dealers will often attempt to change terms on consumers after a deal, claiming that the bank wants different terms. The dealers often provide...
Archived
Student loan attorney
Daniel's answer
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Answered on November 12, 2014
13,800
Do not assume that the offer will clear your credit rating. It could be shown as a paid collection item. You need an express agreement...
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I have received a collection agency letter for something that I did not receive a bill for? How can I dispute that?
Daniel's answer
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Answered on November 11, 2014
Immediately send a letter to the collection agency stating that you dispute the claim because nothing of the sort was ever billed to you. Request...
Archived
Received a call today regarding a Pay Day Loan that they are saying I took out in 2008.
Daniel's answer
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Answered on November 11, 2014
The content of the call has every earmark of a scam. Do not provide financial information and do not pay. No legitimate debt collector will...
Do Debt Buyers need a Collection Agency license or special license to purchase debt and not credit card debt in Illinois?
Daniel's answer
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Answered on November 05, 2014
This is a highly regulated area and you need an attorney.
Persons who purchase delinquent debt of any sort owed by Illinois residents and...
Archived
If i had a pay day loan back in 2011 that i forgot about can they issue a warrent for my arrest
Daniel's answer
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Answered on November 04, 2014
We have received numerous reports of collection calls of this nature. They are scams. Nonpayment of a debt is not a crime. Do not pay. Do not...
Archived
My ex and I were cosigners on a car. it was repoed w/o my knowledge. 5 years later judgement against her. Can they still sue me?
Daniel's answer
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Answered on November 03, 2014
In most states this sort of debt has a 4 year statute of limitations, assuming from your description that this is a retail installment contract and...
Archived
How does a person proceed if a bank has allowed an unauthorized person to become a POA on your checking acc't?
Daniel's answer
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Answered on November 03, 2014
Notify the bank in writing of the specific unauthorized transactions, and inform them that you have not authorized and do not approve of the power...
I have a problem. I'm getting collection letters for a Comcast account that I don't have.
Daniel's answer
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Answered on November 03, 2014
In addition to disputing with the collection agencies, in writing, obtain your 3 credit reports and see if this is on it. If it is, send the 3...