Payday loan nightmare
Date: Fri, 12/19/2008 - 22:24
Payday one (internet) total with interest is 601.25 Status (defaulted)
Cashnet USA (internet) total with interest is 125 Status (defaulted)
Cashstar Group (internet) total with interest is 260 Status (defaulted)
Advance America (store front) total with interest 480 Status (defaulted)
EZ- money payday (store front) total with interest 560 Status (current)
Idaho title and payday loans (store front) total with interest 230 Status (defaulted but they are working with me)
Quick Check (store front) total with interest 351 status (current)
So as you can see I am in a load of trouble I have heard you guys speak of tc what is that? I live in Idaho and my employer is target. I will get in trouble if they call my jobs all of these were just defaulted today so they don't know the checks are bad yet! What can I do or expect?
Thanks A hopeless person in idaho?
T & C is Town and Country. They are a payday debt consolidation
T & C is Town and Country. They are a payday debt consolidation company that will try and work with the payday companies. They do require a fee for their services.
cash net and paydayone will work out an epp with you if you call
cash net and paydayone will work out an epp with you if you call and talk to them. i havent dealt with the others so i'm not sure. i use a debt managment company to help me out with a few of my payday loans. but i'm leary about town and country. my job does 1st party collections on automobile loans, some of our customers have used town and country with their loan, we will work with them, but the problem is almost every person that has used town and country have ended up getting repo'd because we dont recieve the money. they will call and say they sent a check. then 3 weeks later we still havent recieved anything. then the sad thing is the acual customer thinks t&c is handling it so they dont call in to follow up on their loan so they are never aware of what is going on. thats just my personal thought on t&c. i wouldnt use them.
Hi Brandon, I reside in Idaho also, my suggestion would be to as
Hi Brandon, I reside in Idaho also, my suggestion would be to ask these store fronts for the EPP plan (Extended payment plan), I believe the companies you named above are members of the CFSA, CLICK HERE for more detailed information on the CFSA. Below is an explaination of how the EPP plan works, good luck!
Quote:
Extended Payment Plan *. Each member will provide customers who are unable to repay a payday advance according to their original contract the option of repaying the advance over a longer period of time. Such an extended payment plan will be offered in compliance with any requirement in state law to provide an extended payment plan or, in the absence of such a requirement in state law, in compliance with the Best Practice ???????Guidelines for Extended Payment Plans.??????? A member will adequately disclose the availability of the Extended Payment Plan to its customers in compliance with any requirement in state law for such a disclosure or, in the absence of such a requirement in state law, in compliance with the Best Practice ???????Guidelines for Extended Payment Plans.??????? (Amended 7/21/08 |
