I did this on the first week of December 2014. I was promised a statement letter saying that I was released from the debt but it is the end of January 2015 and have not yet received it.
I have called three times, most recently on the 20th sovereign bank personal loan January. That was on Tuesday. It is now Saturday the 24th and still no letter. This company has been in contact with me about an old debt which I had thought had been paid.
I agreed to make payments once it was verified that the debt was valid. The collection agency, Progressive Financial Services, stated that after 3 monthly payments, I would be on a reduced interest payment plan.
Important Disclosures. Please Read Carefully. This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender. In some cases, you may be given the option of obtaining a loan from a tribal lender.
Its Your Decision. Do not sovereign bank personal loan to any loan just to avoid telling someone no. Desperation often drives consumers to accept terms they normally would reject.
Loan companies hire people with good sales skills. It can be easy to feel trapped when discussing a loan with the employees. A reputable company should limit the aggressive tactics, however. In the end, this is your decision to make. Stay firm in your expectations and term requirements. Agreement to a contract you are not happy about ads to your financial stress. Bonsai Financial aims to connect you with several different companies.
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