Jump to content

They're at it again...this time, "PDL Recovery"


tiger0912
 Share

Recommended Posts

Well, my friends with ROC Asset went away for the time being, but today I got a call from PDL Recovery, claiming they want to know my intention regarding a different payday loan company. To my recollection, I paid this loan off a few years ago (I know, I never should have gotten the loan to begin with). I will have to look through my records though.

So I already know the message the guy left violated FDCPA, and based on my search, they are not licensed to collect in my state. So, do I call them, tell them I know they're acting illegally and to back off, even though there is a small chance I may owe the OC? Do I offer to pay 5% of the balance due as a settlement since that's probably about what they paid for the debt, if that? I know I can't just ignore the calls because they'll escalate. Please advise again. As always, I appreciate everyone's advice!

Link to comment
Share on other sites

I would call and get a mailing address and send them a FOAD letter.  If they are violating the FCDPA in the messages and unlicensed to collect then the odds are VERY high it is nothing more than a scam artist who is phishing to scare you to pay.  I would not give them one red cent.

 

NO ONE is going to arrest or sue you.

 

Edited:  A quick google search reveals this "company" and I use the term loosely is out of Buffalo, NY the very cradle of PDL scams.  DO NOT PAY THEM.

 

Link to comment
Share on other sites

OK, whether there is a small chance or not that you owe on any PDL, your mantra should always be "I owe these people nothing!" Say it in the morning, noon, and night. Say it in the shower, when eating means, when working and playing, and in bed. Eventually you will get it in your head that these are scammers and will act accordingly.

 

If you took out more than one of these, then you can bet that for each one, you will get a call like this. You have to decide if you want to ignore them or play with them. Just make sure to tell employer, family, and friends about this and that they are to simply tell them to FOAD. There are not any charges pending, you did not violate any laws (or it you did, they willing assisted you in it and hence, no DA will take the case because of the doctrine of clean hands), you will not go to jail, and you will not be served. If they threaten with police/service, just say that you are ready to talk to them and look forward to the visit.

Eventually, when they realize that you are not a good target, they will quit.

  • Like 1
Link to comment
Share on other sites

Thank you, ClydesMom and WhoCares. So do I just let the debt go (if I actually owe it) since it's been sold to a JDB? I just want to be sure before I tell them to FOAD that they can't sue me since they're not licensed to collect in Nevada. As in, because they legally can't collect here, no judge would grant them a judgment.

 

Sorry - I'm still learning the ropes and trying to cover all my bases. Thanks!

Link to comment
Share on other sites

How much are they asking for? $500? $800? You would be better off saving up the money in the event that they can sue you rather than paying them right now. I would tell them to FOAD anyways and if the do sue you, file counterclaims for FDCPA violations. That will probably be in and of itself more than the claim and that will force them to fight the counterclaim as well as their claim.

Knowing this scam though, the odds of them suing you are the same as that of getting hit by lightning. They don't even know if you really owe the debt or not. They don't care and you shouldn't either.

Link to comment
Share on other sites

You don't know that it has been sold at all.  The Buffalo gang is known for calling random consumers and telling them they owe and scaring them into paying.  They just happened to get lucky with you that you had actually used payday loans at some point.  I get theses calls a few times a year and now I just screw with them.  They argue, curse, and threaten until I inform them I KNOW they are lying because payday loans are illegal in my state.  

 

I would let it go.  If they do call back I would yell "scammer" into the phone and follow it with an air horn.  NO ONE is coming to sue you or arrest you.  NO prosecutor will pursue it as a criminal charge of bank fraud or check fraud because a payday loan company KNOWS you have no money in the account when they make the loan.  They won't sue you because they would have to do it in your state and it would cost them $5k or more to pursue a $500 loan.  It is a scam.  Forget about it.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.