Going to default on my payday loans
Date: Thu, 07/22/2010 - 21:40
that kind of unsecured debt. His suggestion was to close out my account, go into default with my loans, and when they turned the loans over to a collection agency, then he could help me with that too. I live in Kansas, so my biggest fear is being charged with check fraud. Also,
being taken to court over the matter by the collection agency.
I have every intention of repaying these loans. I talked about making payments over a
period of time, but I'm unable to make the kind of payments they require. I lose about
600.00 dollars an month from my income, trying to keep up with payments. I have never
missed a payment nor have I been late. I been doing this now for 2 years. It is getting to
the point were I can't keep up with my rent, car payment, utilities, etc. I just hope I'm doing the right thing.
I too have a lot of payday loans,and I keep up with them,barely.
I too have a lot of payday loans,and I keep up with them,barely. I make a good salary,but it is a severe struggle. How can I get a consolidation of them? When you sign up with them, you give them permission to automatically garnish your checks..
First of all, please list the following information so we can he
First of all, please list the following information so we can help you.
-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
cashnetusa for 1125, ameriloan for 400,zip19.com for725--I resid
cashnetusa for 1125, ameriloan for 400,zip19.com for725--I reside in New Mexico.
[QUOTE]cashnetusa for 1125, ameriloan for 400,zip19.com for725--
[QUOTE]cashnetusa for 1125, ameriloan for 400,zip19.com for725--I reside in New Mexico. [/QUOTE]
I believe CNU is the only certified lender, please check with the NM Dept of Financial Institutions for licensing. They may offer you an extended payment plan. As far as Zip and Ameriloan, they hold no license in NM. You are only morally obligated to repay the principal balance minus any fees.
