Pay Day loan declines

[Thatch]

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There seems to be a bit of a trickle down effect down effect when it comes to debt solutions. At the apex we have IVA's and then come DMPs, recently we've had Pay Day loans. So what is the solution for those, who can't do IVA's or DMPs and now are even rejected for Pay Day loans?

If you provide PDLs can you let me know what you do with your declines.

I'm trying to think of a way to monetise these, and it seems to me that they may be ripe for conversion into bankruptcies.

Anyway if anyone has any suggestions, let me know.

[123debtsolutions]

There is always a solution for the client whether that be CAB, token payments or help from companies such as payplan.
Bankruptcy is indeed sometimes an option but not necessarily always the best option.

[Thatch]

It's true that there are solutions other than bankruptcy, we also do DM as well now. My point is that the holder of the decline may wish to monetise that failed lead. I would be willing to consider how to monetise that.

If anyone has payday loan decline leads and wants to have that conversation I am ready to listen

[123debtsolutions]

I get hundreds per day. Fresh PPC declines... what can you offer?

Call me if you want.. You have my number.