Shall I send individual copies of Wage Assignments?
Date: Thu, 07/13/2006 - 13:20
Shall I send individual copies of Wage Assignments?
What PDL's did you default on? I have dealt with 14 online pdl'
What PDL's did you default on? I have dealt with 14 online pdl's at different times and none of them have threatned me with wage assignment. Only one made me sign something with my loan docs but once I defaulted I revoked that and they are now part of my consolidation plan.
Yes, it is better to send revocation letters for those companies
Yes, it is better to send revocation letters for those companies only who threaten wage assignment. You don't have to follow the same techniques for everyone. You need to talk with the companies and know their moves. Make partial payments towards the accounts and stop them from taking any actions against you. You will also get their easier side if you can gain their confidence.
You can send one blanket revocation letter to your payroll dept.
You can send one blanket revocation letter to your payroll dept. That's a very good idea..Be very specific, though. If you need help, please pm me. It can definitely cover your tail.
As for the payday loan companies..You digitally signed a wage assignment form on probably every single one, you just don't know it. To be honest with you, most of them don't employ it..Sonic is one of the only ones I've known of who did. If your employer gets a form on you, then you'd have plenty of time to send the pdl company one then. Call them all and make arrangements, they will work with you. You only defaulted 2 weeks ago. I doubt that the Pdl would tell you they're going to use one..They are not required by law to do so.
I wouldn't worry so much about it..It's usually a last resort for pdl companies, and usually for when they feel you won't pay or they can't contact you.
I have United Cash Loans, 500 Fast Cash, Route 66, JVC Processin
I have United Cash Loans, 500 Fast Cash, Route 66, JVC Processing, Cashnet 500, Payday Avenue, Payday Services, Nationwide AKA Ambassador. I think I only really owe Cashnet 500 and Payday Avenue the big bucks since they were my last loans. With all the interest I paid I think I owe Nationwide 60.00. I sent the letters out so we'll se if I get any paid in fulls. I am putting Cashnet and Payday Ave on T&C with a couple of credit cards.
I really don't think you have much to worry about as far as wage
I really don't think you have much to worry about as far as wage assignments go..Most of those companies are Rio resources, and I have never heard of them daring to use a wage assignment.