wage assignment?

I take it you have already defaulted on these loans?

If not then you can maybe get a EPP, Extended Payment Plan.

If you already have defaulted then I would send them one anyway. Better safe than sorry.

We've, as of Friday, needed to default on check n go and Cash Express.
This Friday it'll be the other two as well.
I hated to do it, we've been paying on them for way too long, several years, and it came down to rent or them. They lost. I take it that epps are not an option if defaulted?
Do we send the letters to the storefront or corp. office? If the later,does anyone know the addresses for these places?
Also, I've read on here of people making small payments on these loans once defaulted to try to keep them from filing suit in small claims court. Would these payments be done at the store or sent in to the corp. office?
So confusing>>>>>
Thanks

You are correct. An EPP needs to be requested before default.

You will need to place a stop payment on the checks you wrote or close your account. They will attempt to deposit the checks you wrote and throw your account into the red.

Some places will still accept payments after default but they will still hound you in the meantime for their money.

Don't feel to bad. I have had to default too and while it can be depressing you need to just take one at a time and pay them off as quick as you can.

What state do you live in Amyliz? In some states wage assignments are illegal whether your husband signed on or not. Also federal law requires that wage assignments be "voluntary and revocable." (Actually it's a regulation issued by the FTC.) To be safe, your husband should notify the lenders in writing that he is revoking any wage assignment he might have signed and keep a copy for his records in case someone tries to use one anyway.

I'm in Texas. I hope I'm in one of those illegal wage assignment states :)
If it's too late for an epp because we've defaulted and we'd like to send in partial payments to try to pay these off would we send them into our local storefront office? Are they allowed to take partial payments or would we need to send money orders into their corp. office instead?

Wage assignments are voluntary and revocable at any time by you.

I am in Florida and I had to close my checking account because I losted my check book and now the payday companies I had loans with through online is threathening to send thru a wage assignment to my job. I have offer to pay them in unstallments but they want it all at one time, which I don't have right now. What can I do.

[email]wdeloris@hotmail.com[/email]

draft a WGAE ASSIGNMENT REVOCATION letter.go to the WATCH OUT FOR area on the right for a template.give it to your HR ot payroll person before sending it to the pdl.wage assignments are voluntary and revocable.