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About bd348

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  1. I have read a lot and haven't found an answer close to my situation. I defaulted on a loan from lending club which has now been sold to Velocity Investments LLC. They sent me a letter in the mail saying they own the debt and will start coming after me after the initial 30-45 days from notifying me. I called them and asked them to verify with me that they own the debt before I continue to speak with them about this. They said they will mail me the information soon and we exchanged names and phone numbers. They said I owe about $11,000. They would take monthly payments of $300ish or settle for a