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paying pdls

Date: Wed, 06/04/2008 - 14:29

Submitted by anonymous
on Wed, 06/04/2008 - 14:29

Posts: 202330 Credits: [Donate]

Total Replies: 5


Hi. New here. My girlfriend and i are in this hell. We just can't do this anymore. Our entire checks go to these pdl's and then we have to borrow more the next day to finish paying everyone. Bills have gone by the wayside, our cell phones were shut off today actually. Rent and electric are due friday and there's no way possible to pay the pdl's. What can we do. We live in ohio.

cashland 600 and 400 owed due on friday

check into cash 700ish - due on our last check but we didnt pay it

check n go 402.50 - due on our last checks, didnt pay

checksmart 175 i think - due this friday

I know we've already defaulted at the 2 places, we haven't talked to them yet, but what are my options?

I want to pay back but they all want their money now. We got out last year, barely, but when i tried working things out with them they wouldn't make any arrangements with us. It was a very bad experience all around, and now having to go through this again has got my girlfriend, and myself, pretty frazzled. Any help would be SO great.


Hello and welcome!:) I'm pretty sure that Cashland is a member of the CFSA, which means they would have to offer you the EPP (extended payment plan), what that consists of is paying off your loan in 4 (four) equal payments on each payday. You need to go into the store and tell them you want to evoke the EPP, BUT, you must do this BEFORE the date it is due, so if I were you I would go in tomorrow! Checksmart is also a member of the CFSA, which means you could do the same thing with them, 4 equal payments, again, you need to go into the store BEFORE the next payment is due, and tell them you want to evoke the EPP. The other ones you have already defaulted on, so, you will most likely need to get in touch with them, yes, I know this is hard, but ignoring them will cause them to call you at work, call your employer, and call your references, they will even come to your house in an attempt to get their money. I am going to post your pdl laws shortly.


lrhall41

Submitted by Shazzers on Wed, 06/04/2008 - 15:24

( Posts: 17344 | Credits: )


Here are the Payday loan laws for Ohio (just select your state), I am from there too, so hey there fellow Buckeye! :D You do realize that in 90 days the pdl laws are going to change for Ohio, they are becoming much more strict, and will only allow 4 loans per year, per customer, plus the interest rate is going to drop to 28%. Just sayin'. I think it's a GOOD thing!
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html


lrhall41

Submitted by Shazzers on Wed, 06/04/2008 - 15:27

( Posts: 17344 | Credits: )


yes. Store front and paper checks. I am going tomorrow to do the epp thing. My GF is wooried about the 2 we defaulted. She's afraid she's going to be arrested for writing a bad check. They won't talk to me, only her and she's embarressed about everything. Thanks for the info.

Sorry. Im a wolverine, only a buckeye because of girlfriend. The things ya do fer love lol


lrhall41

Submitted by on Wed, 06/04/2008 - 17:25

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They cannot arrest you because it's their business to knowingly take bad checks, you are using their services because you need money. They cannot use the DA or the Bad Check Program. Ceck n Go will work in store collections for 90 days and then they will send you to their corporate collections department who will try to ACH the money 2 more times, if that fails they send you to an outside agency. Don't panic, you will not be arrested for this. CNG is also a member of the CFSA.


lrhall41

Submitted by on Sat, 06/21/2008 - 14:34

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