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Need Advice

Date: Wed, 06/30/2010 - 16:15

Submitted by Michael Hetrick
on Wed, 06/30/2010 - 16:15

Posts: 4 Credits: [Donate]

Total Replies: 5


Hello all, I've been reading these forums for quite sometime and wish I would have found them sooner. I have found myself in trouble with PDLs and need some advice. I'm short about $500 for my some of my credit card bills this month. I really would not like to take ANOTHER PDL out for that, but might have no choice as late fees would probably cost way more than that.

Here's my PDL situation now:
PayDay One-$500 (about to raise/renew to at least $650) this to pay the $87 payment due.
CashCentral-$300 (paying the $57 fee to renew next week
Elastic - $450 (about to make a $110 payment)
CashNetUsa - $750 (in an EPP to make 3 payments of $263. Have two payments left and will be paid off July 20th)

Again, I'm not sure what to do to get the $$ for Credit Card. I know the advice would be NO MORE PDLs, but are they any some would suggest? I've also debated the First Bank of Delaware loan as well, but a $500 loan would cost over $1000 at the end of December.


Have you tried calling your credit card companies and request a deferred payment? I'm not sure if they offer it, but it wouldn't hurt to ask, all they can say is no. I do know there are some credit card companies who will defer one month and allow you to only pay the interest on the payment due, for one month. Another option is, I know that Paydayone and Cashnetusa offer an extended payment plan, but they won't tell you about it, you have to ask for it.


lrhall41

Submitted by Shazzers on Wed, 06/30/2010 - 20:14

( Posts: 17344 | Credits: )


Shazzers,
Thanks for your reply. I'm going to call the credit card companies that I will miss payments this week and ask. The positive thing is that I've never missed a payment on any account, so hopefully they will work with me on that.
CashnetUSA did offer me an EPP after I asked, and after this upcoming payment on 7/6, I'll only have 1 payment to go. Hopefully, I can get PayDayOne to as well as I have been a very good customer with them and 90% of the time have paid my loan off each time.
After reading all this stuff, I have really resolved to not take out any other PDLs despite that being the easy thing to do. I just wished I would have found it much sooner!


lrhall41

Submitted by Michael Hetrick on Thu, 07/01/2010 - 10:12

( Posts: 4 | Credits: )


I wished I would have found it sooner also, and no matter what the scenario may be I will never take out a payday loan again. They may have never done anything to you personally if you have paid them back like me but they are mostly operating illegally and are benifiting from our hard work. These guys are creeps.


lrhall41

Submitted by DorenC on Thu, 07/01/2010 - 10:17

( Posts: 156 | Credits: )