Speedy Cash
Date: Fri, 08/20/2010 - 06:50
Okay, so as I am slowly starting to get out from under this horrible payday loan cycle, my last lender and the only legal lender is Speedy Cash. I have been going back and forth with them for two weeks now trying to set up a payment plan I can afford. I was actually able to avoid closing my account and so far none of the illegal lenders have tried to mess with it. As of right now Speedy Cash has access to my account since I did not revoke authorization to debit to them because I truly do want to pay them off, but I can't do it on the terms they are offering. So I guess my question is, should I revoke their authorization and tell them that I will mail in what I can afford? Any advice is very much appreciated.
Is Speedy Cash a store front lender? Was there a post dated chec
Is Speedy Cash a store front lender?
Was there a post dated check involved?
What state are you in?
They do have storefronts but I did it over the internet so no a
They do have storefronts but I did it over the internet so no a post dated check was not involved. I am in Texas.
Quote:Originally Posted by AnonymousThey do have storefronts but
Quote:
Originally Posted by Anonymous They do have storefronts but I did it over the internet so no a post dated check was not involved. I am in Texas. |
Then, I would send them a letter, certified, return receipt requested with an ACH revocation and an outline on how you propose to pay them back, with that letter I would send a good faith payment (via money order) and continue to make the payments as outlined in the letter. Place an ACH block on them through your bank also.
Thank you. I want these people paid off and I was really nice wh
Thank you. I want these people paid off and I was really nice when I called them last night but they just keep saying "this is all we can offer" they have been reasonable to date, but I just can't agree to the conditions that they are offering me. I will never get back into this horrid cycle again.
Quote:Originally Posted by AnonymousThank you. I want these peop
Quote:
Originally Posted by Anonymous Thank you. I want these people paid off and I was really nice when I called them last night but they just keep saying "this is all we can offer" they have been reasonable to date, but I just can't agree to the conditions that they are offering me. I will never get back into this horrid cycle again. |
It sounds like you are doing your best to resolve it, at least you are trying which is more than I can say for some people. :)