need help
Date: Fri, 04/10/2009 - 06:32
Check King-DH owes $500 2 weeks from today, I owe $500 today
Check into Cash-DH owes $338.XX today
Hometown Cash Advance-I owe $500 today
Check N Go-I owe about $200 today
I intend on paying my Check King today, but not paying the other 3 today because we just don't have enough money. I'll need to reloan the Check King just to have enough money to live on until our next payday where we will hopefully have enough money to pay off the 2 Check Kings.
Can we just not pay and request to make a payment arrangement with them? What will happen to my bank account? I know Check into Cash and Hometown Cash Advance will go to my bank in person to cash the checks and I won't be charged an NSF by my bank, but the other will probably go thru the bank system and I'll get the NSF. What can I ask my bank to do to prevent them from getting the money when we get paid in 2 weeks and there is some cash in there? Please help. What else am I not thinking of? All advice appreciated.
With check into cash and Check n go you can request and EPP, ext
With check into cash and Check n go you can request and EPP, extended payment program.
The can split the loans into four equal payments over four paydays.
You must request the EPP before you default.
In most cases they do not require the first payment right then but will wait for your next payday.
The other two companies may offer this as well. I would ask.
{Quote:Can we just not pay and request to make a payment arrange
{Quote:
Can we just not pay and request to make a payment arrangement with them? What will happen to my bank account? |
Unfortunatelly you may not be eligible for an extended payment plan on the loans due today. Simply because an EPP needs to be requested a day in advance to the loan due date. You may be able to work out some sort of deffered payment arrangement with the branch managers themselves.
The checks will be presented against your account if you cannot pay in full. I suggest you put a stop payment on the checks so you can avoid NSF fees.
If I were you I would call the corporate and ask. They may allow
If I were you I would call the corporate and ask. They may allow you to do the EPP even though they are due today.
Read HERE for the specific guidlines on envoking the EPP. As no
Read HERE for the specific guidlines on envoking the EPP. As nohiogal stated may they will allow you the EPP if you have a good history with them.
Definately call the corporate offices if you do not get an clear answer.