payday loans
Date: Thu, 04/29/2010 - 16:06
Submitted by michelle varney
on
Thu, 04/29/2010 - 16:06
Total Replies: 5
aaa check advance 395.00
advance america 475.00
check please 460.00
check into cash 300.00
quik cash 600.00
what happens if i stop paying them ...will i get in trouble for bad checks...should i close my bank account .....i called a few debt consolidatio places but i dont have credit cards so they wont help...need help
:confused::confused::confused:
If you stop making payments they can definitely garnish your wag
If you stop making payments they can definitely garnish your wages. They will also report it to the credit bureau that you are delinquent on the payments and that will affect your credit score negatively.
Michelle if you stop making payments,they might file a law suit
Michelle if you stop making payments,they might file a law suit against you.But its not that easy as it cost them a lot on each account and I see that you do not owe that much on each account.If you stop making payment it will have a negative effect on your credit score as well as Stephanie stated earlier.
Now if you are looking to consolidate your debts then you can search in Google about the company's that deal with store front.There are lots of companies who deal with all the debts and not only with credit cards.I guess debt settlement will be best option for you.This is just a view point,decision is yours.
I need a bit more information abut these storefront payday loans
I need a bit more information abut these storefront payday loans that you are talking about. I mean are these all unsecured debts or secured debts? In case if it has any collateral attached to it then you will loose the asset which is attached to these loans.
This storefront payday loans are legitimate at your borrower pla
This storefront payday loans are legitimate at your borrower places,that's why if you stop making payments to them then they can take legal actions against you.Such as,If you are delinquent in your payments then it will be reported to credit bureau and you will loose points on your credit.
If they want then they can also take legal litigations against you as well in future..So,I would suggest you to have a word with them asap and try to work out a settlement plan for you what you can afford.
Your payday loan laws are at the link below: http://www.paydaylo
Your payday loan laws are at the link below:
http://www.paydayloaninfo.org/stateinfo/MO.asp
As you can see, criminal action is prohibited (Unless check returned due to closed account or stop-payment by maker), so please do not close your account or stop payments on any post dated checks you have out to these store front lenders.
