This is what I got in the email today after several weeks of letter writing, emailing and faxing:
"Dear: Miranda ****
Re: United Cash Account # ****
This department has received the recent communication regarding the above account. The terms and conditions are available from the website at the time of application, and there is a 48 hour window in which to cancel the agreement without incurring any fee. In addition before each debit an account summary is provided to you, which also summarizes the terms once more, and all the options for repayment.
Although we believe all the terms and conditions have been met, we wish to assist you by writing off the balance remaining on your account.
*****THIS SETTLEMENT IS CONTINGENT ON THE FACT THAT NO OTHER DEBITS PREVIOUSLY PAID ON YOUR ACCOUNT ARE RETURNED BY YOUR BANK****
Your account with us is now closed permanently and you will be ineligible to do any future business with United Cash Loans, or any of our affiliates.
United Cash Compliance Department
Two quick questions: 1) Is this the same as paid in full? The way they say "your account is closed permanently" sounds ominous. 2) Has anyone ever gotten a refund from this company? I asked for $219 but am more than happy with a PIF> but if they've given refunds out to others maybe I'll keep pushing. Lord knows I could use the money!
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.