Tell the creditor to verify the debt first. Send them a debt validation letter.

I defaulted on two online payday loans back in 2010. I worked with a payday loan settlement company but they couldn’t settle with the companies. Then I myself settled with one company but the another one is not accepting a lowered payment and calling me repeatedly at my office even after telling not to call me there.

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Tell the creditor to verify the debt first. Send them a debt validation letter. You have to send the dispute letter within 30 days of receiving the first notice of debt repayment. If the creditor fails to validate the debt, he should cease all communication. But if he goes on, you should consult a consumer attorney and can file a case of FDCPA violation against him.


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