Registration Loans


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Any insight into registration loans?
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1 Stop
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no longer have vehicle




HelpinAZ

Posts: 1891
Credits: 28868.868504119

Sub: #1 Any chance you think they can arrest me for fraud, since I no l
Thu, 09/27/2012 - 14:29

Any chance you think they can arrest me for fraud, since I no longer have the vehicle in question? I had it when I started the loan, maybe not for all the rollovers or redo's but hey they had the registration all they had to do was check it..I can guarantee that they have made way more on the loan than they originally loaned me... I haven't done the math yet, I am dreading that figure --- that will make me feel really stupid, I am sure it would have been enough to buy at least a used car.... LOL

USA Payday Loan Laws
How to deal with illegal lenders, step by step instructions, courtesy of OhioGal
How to write a proper debt validation request, courtesy of SOAPLADY
How to deal with a Collection agency contacting you for PDLs, courtesy of Waffles




OhioGal1


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Credits: 83043.446477606

Sub: #2 No. They can't do anything other than send you to collections o
Thu, 09/27/2012 - 08:39

No. They can't do anything other than send you to collections or sue you.

Offer them a payment plan you can afford and then stick to it.

How to Deal with Unlicensed/Illegal Payday Lenders - Step by Step Instructions

I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.




HelpinAZ

Posts: 1891
Credits: 28868.868504119

Sub: #3 Yes smaller amounts
Thu, 09/27/2012 - 07:23

$1500 each maybe.... They can't attach to another vehicle right only the one on the paperwork?

USA Payday Loan Laws
How to deal with illegal lenders, step by step instructions, courtesy of OhioGal
How to write a proper debt validation request, courtesy of SOAPLADY
How to deal with a Collection agency contacting you for PDLs, courtesy of Waffles




OhioGal1


Debt Samaritan
Posts: 5255
Credits: 83043.446477606

Sub: #4 I saw your PM but I'm going to answer you here. If you don't
Thu, 09/27/2012 - 06:48

I saw your PM but I'm going to answer you here.

If you don't have the vehicle, you're in pretty good shape.

I would simply contact them and tell them you've closed your account and you can't pay them right now. Tell them you're happy to set up a payment arrangement and then set it up on your terms.

The worst they can do right now is send you to collections. These are smaller amounts, right?

I would just pay them when you can.

How to Deal with Unlicensed/Illegal Payday Lenders - Step by Step Instructions

I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.




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