Storefront Questions

I would at least call them and let them know what's going on. The check will come back closed account, and they will probably call you anyways, but it just makes you look better to them if you let them know what's going on.

That's what I figured but I didn't know if that would really do anything. I know the people there, they are very friendly, almost like friends now that I've been going there for so long. I just know that they have to go by store policy so I wasn't sure what legally they could do to me. It's not like I'm not going to pay them. They will get paid, just not me directly, through T&C.

I think being honest with them is the nst policy. If you've been going there for so long, they probably won't be surprised that you are finally doing something about the situation. And as you said, it's not like they aren't going to get paid, it just won't be as soon as they'd like.

Thanks goudah! I really appreciate it.

Make the call and I am sure you will give us good news. You'll be feeling a lot better after some arrangement gets done with them. Don't take any risks because a licensed storefront lender will not stop if they really have to take the case to the court. If you have good relation with them, just work out something and get extensions on the loan. A clear picture will come out. Make sure that you have the arrangement in writing.

I called the store that I usually go to however, they said because of the privacy policy even if T&C were to call them personally they couldn't do anything about it. I let them know of my situation but she said that they still have to follow through by the guidelines, which I completely understood. She gave me the number to their corporate office for legal claims and I am just debating on whether I should call them and work something out or just wait until T&C can do so?

There's a thing called Release of Information. Just jot your permission for this company to speak with T&C regarding your accounts with them and give T&C permission in the letter to act on your behalf and half this notarized. There would be no issue of privacy then.

Wouldn't T&C need you to sign something like that for each account?

I'm not sure. I have to call T&C back after my next payday, which is the 23rd to continue discussing matters with them. I know she said I would be getting paperwork in the mail and that is why it might take a while before they will be contacting all my PDL companies.

Then it will probably be included in that paperwork. From what I hear on this board it seems that T&C does a decent job. I don't have any experience with them though.

I'm sure hoping so. I just want to get set on a payment plan so that I can be all caught up on my debt....once I'm on a plan and not paying 1000/month in interest from PDL's I will feel so much better!