Help in Missouri.

Date: Sun, 04/19/2009 - 14:29

Submitted by mick82671
on Sun, 04/19/2009 - 14:29

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Total Replies: 7

I really need help. For a few years now I have been in payday loan hell and it is getting worse. I have 6 store front loans and I think 6 online companies. This is spinning out of control. I am current on all of them and have never missed a payment. I am sure I have well over paid on some. If I could take care of getting rid of the online accts I could pay down the store front accts. I just keep paying off and taking back out the store front because I can't even afford the extra $25 to pay down the principal. Closing my bank acct is not an option and I can't have them calling my references. No one knows I am in this mess. With those limitations is there any hope for me or do I have to keep the cycle going indefinitely?

The Online Companies

National Payday orig loan $500 paid $400

Casnet Usa orig loan $400 paid $120 just started new loan

Eastside Lenders orig loan $450 Paid $405 all fees no principle still @450

Check City orig loan $400 paid $331.60 they are going to
deduct 368.40 on 05/01 for final payment.

Payday-loan-yes orig loan $350 paid $420 all fees nothing towards principle.

The others I know are installment loans and not payday loans.
Please any advise would be greatly appreciated.

I was also reading about the cfsa which will help I think with s

I was also reading about the cfsa which will help I think with some of the store fronts I have. From what I understand Ace Cash Express is not on the list but they offer the epp. Does anyone know if this counts for their installment loans too or only payday loans?

lrhall41

Submitted by mick82671 on Sun, 04/19/2009 - 15:28

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reply

i think that goes for pdl's only,but they might be able to work something different with the installment loan.

lrhall41

Submitted by paulmergel on Sun, 04/19/2009 - 15:29

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I think Ace will typically work out an arrangement where you pay

I think Ace will typically work out an arrangement where you pay off the balance in four installments. What I am not sure of is if it is up to the particular store manager or if it is a policy of Ace. It would not hurt to ask. Just a word of warning ... if you are one day late with one of those four payments, they will harrass you like crazy!!

lrhall41

Submitted by on Sun, 04/19/2009 - 19:14

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Does anyone have any idea which of these companies are legal or

Does anyone have any idea which of these companies are legal or illegal in Missouri?

lrhall41

Submitted by on Mon, 04/20/2009 - 11:50

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Does anyone have any idea which of these companies are legal or

Does anyone have any idea which of these companies are legal or illegal in Missouri?

lrhall41

Submitted by on Mon, 04/20/2009 - 11:50

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I know payday loan yes is illegal. Let me check on the others.

lrhall41

Submitted by nohiogal on Mon, 04/20/2009 - 13:14

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Check city is legal. They are listed and have a license. I di

Check city is legal. They are listed and have a license.

I did not find the others on the MO database as licensed/legal lenders.

National Payday, Eastside, Payday Loan Yes are all unlicensed/illegal.

lrhall41

Submitted by nohiogal on Mon, 04/20/2009 - 13:19

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