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#1
06-12-2009, 04:10 PM
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Storefront payday loan help
I am trying to find some help in dealing with storefront payday loans. I currently have 3 and am getting to the point of not being able to pay the fees and re-write. I am getting ready to also close out my bank account and wanted to know if I did would that be commiting fraud on my part? I live the in the state of kentucky if this helps. Has anyone had any dealing with storefront payday loans and can help me?
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#2
06-12-2009, 06:46 PM
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Find out if these store fronts are members of the CFSA (Community Financial Services Association of America), if they are then you are eligible for the EPP (Extended Payment Plan), this will stop the interest from accruing and allow you to pay these loans off in four seperate payments. They won't offer it to you, you must request it before you default. I hope this helps.
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#3
06-14-2009, 04:48 AM
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If you cannot afford the EPP plan being that you are strapped with paying the fees. Then contact their corporate offices and explain your situation, maybe you can reach an better solution.
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"We are what we repeatedly do. Excellence, then, is not an act, but a habit." -Aristotle-
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