Collection Agencies - so recap re payday loan - Canada

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RE: so recap re payday loan

Postby TJ.brooks » Tue Mar 26, 2013 08:29:16 AM

Then simply ignore any more calls and letters from them till they serve you a Statement of claim. Then let the judge deal with it at about 50 a mth less any interest.
Until then they can not touch your paycheck....your employer has to wait for a court order to dock your pay.
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RE: so recap re payday loan

Postby elaine8888 » Tue Mar 26, 2013 08:21:16 AM

So we are going up the ladder I got a call from insta loan and cash store head office some one who said they were the manager of accounts And that they had a meeting and that they are not going to wait for the money and when I tried to say anything they hung up on my The question is that was a pointless phone call
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RE: so recap re payday loan

Postby elaine8888 » Mon Mar 25, 2013 01:47:03 PM

funny how they cant do the math isnt it
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RE: so recap re payday loan

Postby TJ.brooks » Mon Mar 25, 2013 01:40:47 PM

You need to negotiate that down to around 50% of the total amount they are quoting you.

Offer 400 and try to settle for around 5 or 6 hundred.
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RE: so recap re payday loan

Postby elaine8888 » Mon Mar 25, 2013 12:08:04 PM

they told me that the interest rate is 59% well with in the legal limits they can charge and they told me that I owe them 985 and I should do the math
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RE: so recap re payday loan

Postby elaine8888 » Mon Mar 25, 2013 12:06:42 PM

got some where it took 4 transfers but got someone at the top who agreed to send me a settlement statement on how they came up with my loan amount including the interest so now we see what the mail man will bring
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RE: so recap re payday loan

Postby elaine8888 » Mon Mar 25, 2013 11:27:09 AM

I have no idea why my post posted a zilion times
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RE: so recap re payday loan

Postby elaine8888 » Mon Mar 25, 2013 11:18:46 AM

while they called me today they claim they dont have to send me a settlement agreement they also said that paiy it in full and if I dont I wont see my pay cheque on april 5th
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RE: so recap re payday loan

Postby elaine8888 » Mon Mar 25, 2013 11:18:45 AM

while they called me today they claim they dont have to send me a settlement agreement they also said that paiy it in full and if I dont I wont see my pay cheque on april 5th
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RE: so recap re payday loan

Postby elaine8888 » Mon Mar 25, 2013 11:18:44 AM

while they called me today they claim they dont have to send me a settlement agreement they also said that paiy it in full and if I dont I wont see my pay cheque on april 5th
elaine8888
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Posts: 164
Joined: Sat Mar 23, 2013 02:09:11 PM
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