Cashnetusa and EPP
Date: Wed, 10/01/2008 - 08:34
I have a loan with cashnetusa for 1500. I have refinanced twice paying about $682 in fees.
I called them to set up a EPP. They refused to work with me. They said they do not offer an EPP. I called again and got someone else that said they would set up a EPP but for only two payments of $907. I asked them if they could extend it to three equal payments and they refused because I get paid once a month.
So basically, I am posting on the forum because I am confused. I thought that they could set up EPP into 4 payments. I am not sure if anyone here has had experience with CashNetUsa or has any advice to offer me. I don't want to default on the loan but I can't afford 2 equal payments.
Please help!
I called them to set up a EPP. They refused to work with me. They said they do not offer an EPP. I called again and got someone else that said they would set up a EPP but for only two payments of $907. I asked them if they could extend it to three equal payments and they refused because I get paid once a month.
So basically, I am posting on the forum because I am confused. I thought that they could set up EPP into 4 payments. I am not sure if anyone here has had experience with CashNetUsa or has any advice to offer me. I don't want to default on the loan but I can't afford 2 equal payments.
Please help!
The EPP plan only applies to Store Front lenders, isn't cashnetu
The EPP plan only applies to Store Front lenders, isn't cashnetusa an Internet lender? Also, are they a CSO (Credit Service Organization) in your state? What state are you in? Payday lender laws don't apply to CSO's.
Cashnetusa and EPP
I live in Texas. Cash Net Usa is an internet lender and they are a CSO but they are also member of the CFSA. I thought if you were a member of the CFSA they are required to provided a EPP. I am rather confused about it.
I called them 5 times. I talked to 5 different people and got 5 different answeres. Three of the people I spoke to were so rude that they wouldnt' even listen to me. The other two said oh we offer a EPP but only split up in 2 payments.
