logo

Debtconsolidationcare.com - the USA consumer forum

EPP Questions

Date: Tue, 11/10/2009 - 10:10

Submitted by Shelly Savory
on Tue, 11/10/2009 - 10:10

Posts: 3 Credits: [Donate]

Total Replies: 5


I am new to the forum and was reading on line yesterday about submitting an EPP to payloan places to set up a payment plan. Could someone please explain to me how this works? From what I found online, it says you have to pay it off in 4 payments? Is this true? I don't know if I can pay off 3 loans in 4 payments. Also, I spoke with a debt counseling agency today and she told me that I would send them an intention to repay an outstanding debt letter. Has anyone done that and was it successful? Any additional information would be much appreciated!


Okay, I read the link but am still confused. In one part its says you need to make 4 equal payments on your next 4 consecutive paydays but then it also says that it needs to be paid at least once in any 12 month period. Please help me to understand this better.

I currently owe Check 'n Go $441.09 which is due on Friday which I got through the internet but they do have a local storefront. I also owe QuikCash (local) $580.42 which is due on Monday and Check into Cash $368.92 which is also due on Monday.

Do you think it would help to send them an intention to repay on an outstanding debt letter?

Thanks in advance!


lrhall41

Submitted by Shelly Savory on Tue, 11/10/2009 - 13:05

( Posts: 3 | Credits: )