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Pay day loans, of course

Date: Tue, 08/14/2007 - 23:28

Submitted by anonymous
on Tue, 08/14/2007 - 23:28

Posts: 202330 Credits: [Donate]

Total Replies: 5


I am at my wit's end. I have 3 payday loans out-2 storefront, one internet. The internet one is with Cash Net USA and I owe $1274 (including interest/fees). One is with EZ Pawn Payday Loans. I owe $1500 (including interest). The other is with Ace Cash Express and I owe $1200 (including interest).

I live in Texas. The internet one already pulled its payment for this week and the other 2 are due this Thursday and I can't even afford to just refinance them. What can I do?


Welcome to the Community :D Here is the link for Texas pay day loans at http://www.paydayloaninfo.org/state_detail.cfm?id=TX but if these are store front, they are most likely operating legally, and usually follow the laws. They are the ones you will want to go in and try to work something out with, alot of store fronts do sue. You didn't say how much you had paid on these loans, but the link will tell you the legal interest and fees, also a database for licensees. Feel free to sak questions..KAren


lrhall41

Submitted by Bossy4455 on Wed, 08/15/2007 - 08:35

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Hi Couraje. The storefronts are probably going to be a little easier to work with than the Internet one. Since you are not able to pay them this Thur., I would call and make arrangements to get things paid off in reasonable payments if they are willing. They will probably want you to let the check cash through your bank and then want you to pay so much towards the debt each pay period. You might want to consider closing your bank account and open another one at another bank. This will stop the internet pdl from debiting your account. They can't get what they don't have access to. :-) But I would try to make arrangements with the storefronts before closing the account so you won't get into trouble with bad checks. You can use the relief from the internet loan and try to make arrangements with them, too. But DO NOT give them any new banking info should you choose to open a new account. Good luck!


lrhall41

Submitted by eleroo on Wed, 08/15/2007 - 09:27

( Posts: 1220 | Credits: )