Payday Loan Help, They will be requireing payment tomorrow.
Date: Tue, 07/14/2009 - 11:19
here are my loans
Ace Cash Express
Loan for 400
Paid 90 to refinance once...
Check N Go
Loan for 900
Paid 200 plus numerous times like 6 already, refinancing.
Cash Express
loan for 700
Paid 154 numerous times for refinaicing about 5 times
I CANT DO IT ANYMORE!
How do i tell them i cant and i want to work out a payment plan?
All refinance charges are due 2morrow. 7-25-09
I bank with bank of america and live in TEXAS
I need help, Quick!
I want to pay everything back i just need to do it in smaller payments.
Thank you so much for your help
VOiD
storefronts are tough. You can request an EPP which would take t
storefronts are tough. You can request an EPP which would take the total due including interest and divide it into 4 equal payments but if you are unable to pay the interest only payment you likely would'nt be able to afford the EPP either. Only other option is really just talk with them and see what they have to say.
If you do request an EPP plan make sure you do it BEFORE you def
If you do request an EPP plan make sure you do it BEFORE you default. Click on the link below to read about the EPP, number 11.
http://www.cfsa.net/industry_best_practices.html
Click the link below to see if your lenders are members of the cfsa.
http://www.cfsa.net/MemberList.aspx
will the epp stop them from ach and depositing checks?
will the epp stop them from ach and depositing checks?
Yes, but you definately need to speak to them!! I would call th
Yes, but you definately need to speak to them!! I would call the Corp Office for each one and discuss with someone in Operations, not Collections.
If they will not set up payment arrangements, then I would sugge
If they will not set up payment arrangements, then I would suggest that you continue to pay the fee. While doing this, put as much extra to the smallest one, ACE, and get it paid off. Then continue the process and pay extra to the next smallest, Cash Express. What will happen is that each time that you have to go in to roll-over or pay the fee, you have a smaller loan and therefore money to pay down on the loan. Eventually, you will have each one paid off and there will be no collection calls or sleepless nights. This may mean that you need to get a part-time job for a few months, but it is a small sacrafice for getting out of debt.
Above all, do NOT get another PDL since this will only worsen the situation.
Does anyone have any experience with this situation...mine being
Does anyone have any experience with this situation...mine being, i havent defaulted yet but tomorrow i will tell them i cant go any further... can i have them stop from depositing checks or ach, revoke? revoke what? and in can i be criminaly prosecuted in texas for the checks that come back from a pdl?
If you are going to default you really need to talk with them be
If you are going to default you really need to talk with them before hand and see what they can do for you. They will pretty agressively collect if you don't get something set up they agree with. Try searching each name in the box on the top right of this page and see what others are saying about them. Maybe if you could get one to work with you could you then pay off the others? I have cash express and am slowly working on paying them off. I know everytime I go in there they are doing collections, selling off collateral, going out door to door to collect etc. The best thing to do if there is no way you can pay tomorrow start calling them today and see what kind of options you have.