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 Posted: Wed Apr 25, 2007 1:00 pm Subject: I am trapped in Payday Loans |
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Help! I am trapped in Payday Loans. I live in Wisconsin --I have one loan at the storefront Check N Go for $730 + 150 in fees. and then I have an additional 7 --they are eating my whole paycheck.
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jymurrie
Joined: 25 Apr 2007
Posts: 1
Debtcc Points: 40
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| Posted: Thu Apr 26, 2007 6:29 am Subject: |
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Hi, have you called the storefront for any payment arrangements? How much have you paid on the account? You may speak with a counselor for some lower repayment options.
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orake
Joined: 20 Jul 2006
Posts: 483
Debtcc Points: 6732
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| Posted: Thu Apr 26, 2007 6:54 am Subject: |
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Can you list who the other 7 loans are with? And how much you've borrowed/paid back in fees for each loan?
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goudah2424
Moderator
Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111631
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| Posted: Thu Apr 26, 2007 11:59 am Subject: I too, am trapped. |
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I'm trapped in payday loans, too. I have Internet PayDay loans. And, 4 of them have debited my account for at least if not more than what the original loan was for. What can I do? Can I tell the bank to stop allowing payments from these lenders?
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alphasigirl
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Debtcc Points: 100
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| Posted: Thu Apr 26, 2007 12:01 pm Subject: |
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What stare are you in?
what companies are you dealing with?
how much have you borrowed?
how much have they taken out of your account?
Best bet is to close the bank account and open a new one as they will find ways around a block...
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Leah
Debt Samaritan
Joined: 04 Mar 2007
Posts: 2333
Debtcc Points: 50556
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| Posted: Thu Apr 26, 2007 12:07 pm Subject: |
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I live in Wisconsin, too.
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alphasigirl
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Debtcc Points: 100
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