EPP for Checkn'Go-Online payday loan
Date: Fri, 07/18/2008 - 14:34
Anyway, I checked the CFSA website and saw that this payday lender is a member of CFSA and that they have to to let borrowers sign up for the installment plan in the event that they cannot repay their loan in full on the due date. The lender keeps sending emails asking me to call them, but I don't want to do that because I prefer to have everything documented in writing in case of a dispute. I told them that I will not discuss my account over the phone-only through email. They keep emailing me asking to "call them and that collection accounts can't be discussed via email". They seem to ignore my request for an EPP. Has anyone ever been able to sign up for the EPP with Checkn'Go (internet loan)? Thank you.
Hello Traceystar, Have you already defaulted on the loan?
Hello Traceystar,
Have you already defaulted on the loan?
After the item was returned, they placed my account in their col
After the item was returned, they placed my account in their collections department.
So you requested the EPP before your due date, and they did not
So you requested the EPP before your due date, and they did not invoke as you requested. Time passed and you defaulted because of this? When you requested this EPP did they call you after the request or the loan default?
Yes there is. it has to be the business day before
Yes there is. it has to be the business day before
how do you apprach a payday lender?? if they do not wish to us
how do you apprach a payday lender?? if they do not wish to
use this method of epp
It is not a law but CFSA guidelines- if they are a cfsa member t
It is not a law but CFSA guidelines- if they are a cfsa member they should honor an EPP if requested before you default. Is the company you are referring to a CFSA member?
Here is a link http://www.cfsa.net/MemberList.aspx But no
Here is a link
http://www.cfsa.net/MemberList.aspx
But no it does not look like they are listed. Is this a title loan or a pdl? They are 2 totally different things.
THANK YOU FOR YOUR HELP. WE HAVE ONLY 2 PD LOANS COMPAREDTO 7 LA
THANK YOU FOR YOUR HELP. WE HAVE ONLY 2 PD LOANS COMPAREDTO 7 LAST YEAR WE HAVE PAYED ONE AT A TIME NOW MISSOURI TITLE LOAN AND CHECK N GO ARE AL THATS LEFT.
congratulations on making progress! The best way to pay off the
congratulations on making progress! The best way to pay off the storefronts is a little at a time. For instance instead of re-writing for $200 each time pay a little down like next time re-write for $175, etc.
I have a interent PDL with Check n go online, it is in default a
I have a interent PDL with Check n go online, it is in default as of today. Can I request a EPP. If I pay them the total amount owed I will not be able to pay my PGE which is due in 2 days and could get shut off. Can I call and ask for EPP since it is now in default or should I have done this last week? Any information will be of great help.
I believe that the epp is only offered for store front loans.
I believe that the epp is only offered for store front loans.
Quote:I believe that the epp is only offered for store front loa
Quote:
I believe that the epp is only offered for store front loans. |
The Extended Paymet Plan is offered by participating members of CFSA. Even though the storefront or online member may be an member, the EPP may be trumped/regulated by some individual state laws. It can be tricky :(
With that being said I advise you to call and ask Check-N-Go what their re-payment options are before you default. It may be better than an extended payment plan. They are a licensed lender. Best of luck ;)
I tried to call last week and they would not talk about anything
I tried to call last week and they would not talk about anything, they told me if my payment comes back their collections department will call me. So at this point I really dont know if I should wait for their collections to call save as much as I can so I can pay them what I have and try to make arraingments on the rest. I really dont want to loose sleep over not paying my basic living cost.
Quote:Originally Posted by AnonymousI tried to call last week an
Quote:
Originally Posted by Anonymous I tried to call last week and they would not talk about anything, they told me if my payment comes back their collections department will call me. So at this point I really dont know if I should wait for their collections to call save as much as I can so I can pay them what I have and try to make arraingments on the rest. I really dont want to loose sleep over not paying my basic living cost. |
ChecknGo is notorious for being difficult to deal with. If you have attempted to make payment arrangements with no avail then contact the corporate office and let them know the circumstances.
I agree with Shazz, just take it a step higher. Atleast you are
I agree with Shazz, just take it a step higher. Atleast you are attempting to repay your loan. If they are being jerks then do not loose sleep over it ;)
Does check n go in TX work. With consolidators. What's our payda
Does check n go in TX work. With consolidators. What's our payday loan law. The consolidators said they worked with TX