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About Bobbi Buehl
Expertise
Home mortgages is my expertise

Experience
Experience in the area 15 years Organizations Mortgage Brokerage Education/Credentials BS in Chemical Engineering, BA in Sales and Marketing. Licensed Loan Officer for 6 years and I have worked as a Loan Officer for 15 years.
 
   

You are here:  Experts > Business > Small Business: Canada > Financing -- Loans > Payday Loan

Topic: Financing -- Loans



Expert: Bobbi Buehl
Date: 6/23/2008
Subject: Payday Loan

Question
I live in Ohio and have defaulted on a payday loan. Collectors keep calling me and threatening arrest, reporting my social security number saying if they do that I will not be able to work for 3 years, and jail time if I do not pay the full amount Western Union, TODAY. I have asked them to send me something Via e mail or regular mail stating what I owe and to whom I owe it and they have refused. I can barely understand a word these people say and they have names like James Brown and (an "attorney") Kelly Bailey and she can't even prnounce the name. I do not feel comfortable sending these people money with out seeing something in writting and haveing something for my records. Isn't it my right to have something sent to me? Any other comments or advise on anything I have told you would be appreciated.

Thank you!

Answer
Hi,

I can't give you legal advise, but I can tell you this. If you defaulted on a payday loan, go to where you got the loan and settle your account. It WILL hurt your credit aqnd stop you from getting another loan until its paid!

Good Luck!

Bobbi

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