Too many payday loans in Ohio

Are you the same person as dmjtb? If so, I answered your post on the other topic, but no matter, since you've joined us we can try and figure out a course of action! :) You are entitled to requesting the EPP, it's a part of the guidelines these companies must follow in order to remain a member of the CFSA! I know it's very difficult to swallow your pride and go into these lender offices and explain that you need to get on their EPP plan, but you may be surprised at just how cooperative they are, once you ask. They aren't strangers to this happening, and at least you are making every effort to pay them back, some people never bother to even try, so please don't feel bad about doing this, you are doing the right thing! You really don't need to have an excuse or reason why you need to request the EPP plan, all they need to know is you're in the midst of a hardship and are making a request for the EPP plan! :)

I am going to go ahead and post the lender laws for Ohio, simply for good measure and reference. :)
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I know CheckSmart will work with you. Just go in and speak to the manager, but go in the day before its due. They will split your total amount in 4 payments, so you would pay $228. I just paid my last payment to them two weeks ago... Its a process... but like someone on this forum said, you didn't get in this mess overnight so it will take some time getting out of it... we've all been there... I'm still there! :wink: But if they are CFSA members they should do the EPP plan.

no, this is the first time I have posted to this forum. I just stumbled upon the site yesterday while searching the web for PDL help. I do realize it will take me awhile to get out and I want to pay these debts off because I am the one who got myself into this mess and I know the high % etc I just want to get out of the spiral of having to go the stores every 2 weeks on payday and paying them and then going back the next day to reloan (this is driving me crazy :-) Thankfully I have a good income which helps but I am single parent and it is making it hard to live since the fees use up my extra $$. I am glad to hear some of them will work with me...I am afraid of Check Into Cash though. They told me when I opened the loan they would come to my work , home and call my relatives if I didn't pay so I hesitate to ask them to work out an agreement or EPP. I was thinking of letting Checksmart and Cashland just "bounce" so I can work with their Corporate offices who seem to give more time and flexibility with paying back (they are nicer too) -- of course then I have to pay NSF fees. anyone worked with Check into cash on this before? I appreciate all of the responses....I thought I was the only one to get into this huge mess :O glad to hear I am not and we are in this together :)

I guess its up to you how to handle Checksmart and Cashland. Like I said, I personally had no trouble getting the EPP, and from what I've heard on this forum, Checksmart's corporate office isn't very nice to deal with. As far as Check Into Cash, I looked them up and they are members of CFSA, it even lists CFSA best practices on their own website, so they are supposed to give you an EPP. Just speak to the manager. If they will not work with you, contact the CFSA and report them. Just some friendly advice...

Hang in there... :D

Check into Cash and Advance America was the easiest companies to work with. Dealing with Checksmart corp office was a pain and very nasty to deal with. Check into Cash and Advance America allowed me to make monthly payments (and it took me a year to pay them off).

Yes, Checksmart's corporate office is a pain in the a**. I had one of their collectors call me everyday with threats. I finally included them in my BK.

Advance America let me make monthly payments.

What is an EPP? I live in Alabama and have 5 payday loans that I am a month overdue in paying anything on. I need help!!! I have had these loans for over a year and keep re-loaning each month. I'm drowning here.....

well, thanks to all of your encouragement on this forum I am going to the PDLs today to ask for EPP. Any advice from anyone who has done this before would be appreciated....

Cheekla, just go in and speak to the branch manager, that is your best point of contact... :D

Good luck...hang in there...

Give them as little information as possible, be direct and to the point, tell them you are requesting the EPP due to some unexpected financial hardships. I have found that usually saying less is "more". It just seemed to work for me. Good luck and take good care, everything will work out for you. :wink:

I called CFSA this a.m.and left a voice mail about how the EPP works in Ohio and if the PDLs must give them. I received a reply back from someone from CFSA saying she "really wanted to speak with me"....I wonder if she is concerned that these PDLs should be checking to see how many PDLs are owed and if they are violating their rules? could the 6 PDLs be in trouble with CFSA for giving out PDLs to someone who already has more than one? I wonder if CFSA will come down on them for that??? especially given the current financial situation and the PDL issue on the ballot Nov 4 in Ohio??? any thoughts ?

wouldn't that be nice? :lol:

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Anyone been sucessful reducing their fees in California? if so, how did you do it?

I went to 3 of my PDL offices today and asked for Extended Payment Plan - it was much easier than I thought it would be. Check into cash, advance america and Check N go are all CFSA members. 3 down , 3 to go.... thanks again to the great people on this forum --- I had no idea before I could even ask for an EPP :)

Yay for you cheek.la, sounds like you're on your way!!

I wasin the same boat as you Cheekla I had loans with almost the identical places that you have them with. I was so stressed that it caused major health problems. I just decided one day I couldn't take it anymore. I tried the epp but that still leaves you with a short paycheck, actually even worse off because you are not getting any of that money back because you arent reloaning to replenish any of it. I know I was not able to afford to just pay out an extra 1000 or more a month plus make my bills for the month also, (and if your kids are like mine they like to eat) lol . I just decided to jump one day because that is what it felt like I went online and stopped payment on each check and just held my breath to see what happened. Well i did have to pay for the sp fee and the nsf fee through the store, but they just added it to my balance. I started to take them in small payments and what i could every two weeks. They accepted my payment and told me if I continued to make an effort they could keep it out of court. Checksmart are not nice people, they would not accept any form of payment except full amount so I have not paid them anything. I don't expect it to go away that easitly but they will either have to take payment or nothing at this time. I have been able to pay off 2 of the loans, I still have 5 left but have 2 of them finally below 200 now. It is taking me along time but I am slowly getting there. Don't reloan just take the plunge you will feel like you are back in control a little bit. I know how hard this is I even thought my family would be better off without me because of this mess i created. Dont beat yourself up after finding this website I know I am not the only one and it is not completely my fault the PREDATORY LENDERS are responsible for allowing me to have so many loans at one time that exceeded my paycheck by 10times the amount. How can you pay 3000 out of an 800 dollar paycheck I know I couldn't figure it out. Good luck

? .. The EPP is at a monthly, weekly type payment how does it work?

Well, I feel much better since I set up EPP (extended payment plan) with 3 of the 6 PDLs I have (all storefronts). since each one requres $228 per paycheck I could not afford to do the same for all of the PDLs I owe so I figure I would let the check go through the bank for checksmart and Cashland and then deal with collections later. I know for a fact (and past experience!) that Cashland will allow me to set up payments over time and I actually have a few weeks to do that. However, not sure about Checksmart. I am expecting Checksmart to call me about the NSF this week. Any ideas how willing they will be to let me pay over time and how I should handle the collection call next week? I can't afford to pay off $912 I owe them in a short time period.

thanks for any help! You all have been a lifesaver to me..I can finally sleep at night :)

Tigger, thanks for your response and kind words ....although I am not happy you are also in this mess :) I am glad to hear I am not stupid by taking out these loans....(and yes my kids love to eat - i have 2 boys , one is a teenager :) I will do what you said and take the plunge and hope they will work out payments arrangements ... I am really worried they will contact my relatives and friends.... I figure I will have them paid off before it gets to the court situation. I intend on having them paid off (all pdls) by end of 2008 -- that is my goal anyway....

Tigger, are you also in Ohio???

to answer the last post...EPP is extended payment plan. IF the PDL is a CFSA member (they usually advertisement membership via their store or website) they are supposed to allow you to pay off your loan in installments .... I owed $912 to several PDLs and the ones that were CFSA members allowed me to pay $228 over the next 4 paychecks with basically no questions asked. I just had to sign a new agreement for the plan to go into effect. As long as I stick to the agreement they will not pursue collection activities. It's a good idea but if you have too many PDLs (like I do!) it's hard to pay that much per paycheck and have anything left! ;)

good luck....

Hello my names fernando and i work for advance america in California. and i might be able to help

Ok... what do you have to say? You know this is a 4 year old topic right?

Ok... what do you have to say? You know this is a 4 year old topic right?