“Dear Steve,

Took a loan out with Great Plains Lending and lost job. Now I want to pay it back but they don’t have my name in their system. How do I pay it back?

Was getting calls from collection agencies about it, but couldn’t pay it back then either.

Contacted Great Plains to pay it back when I got on my feet, but they say they don’t have me in the system. ??? Now I’m being contacted by a company called Capital Solutions (855-431-8263), stating they will be filing a complaint in the state I live in. Is Capital Solutions legit? How do I pay them back Great Plains on my own?

Patricia”

The Answer

Dear Patricia,

It looks like Great Plains Lending is an online payday lender operating out of the Otoe-Missouria Tribe of Indians and on their reservation.

Since you were significantly delinquent they may have either sold the debt off to a debt buyer, or they have sent the account out for third party collections.

The name Capital Solutions is such a generic name it is hard for me to research them.

You can one of two things. The first would be to get a consolidated credit report to see who the entity is that is reporting the debt.

The second would be for you to follow my process on how to dispute and verify the debt. See How to Dispute and Ask a Debt Collector to Validate a Debt.

And once we can get some specifics on the debt owed we can then check to see if Great Plains Lending was even a registered lender in your state.

Get some more information and report back.

Please post your responses and follow-up messages to me on this in the comments section below.

Big Hug!

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