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Paday loans in AL and GA residents

Date: Fri, 09/17/2010 - 11:48

Submitted by williams_candice3
on Fri, 09/17/2010 - 11:48

Posts: 4 Credits: [Donate]

Total Replies: 6


Are ther any consequences for having payday loans totaling more than $500 in AL. I currently have three for $500 each and cannot afford to pay it all at once. I need advice. Can I avoid garnishment


Quote:

Originally Posted by paulcahill80
No, there are no consequences. And, please give us the following details, so that we might help you:

Lender
Amount Borrowed
Amount Paid (Including interest and fees)
Number of times you extended the loan
Whether the loan was obtained online or in a store front


I currently have three.

Advnace American $587.50
Approved Cash Advance $587.50
Check Into Cash $587.50

All of the loans except for one has been rolled over more than once. The loans were obtained in store fronts. I do live GA. I don't know if that makes a difference or not


lrhall41

Submitted by williams_candice3 on Fri, 09/17/2010 - 12:24

( Posts: 4 | Credits: )


Quote:

Originally Posted by paulcahill80
All the 3 are member of the CFSA and will provide you Extended Payment Plans (EPP) if you ask for it. Wage garnishment can only be possible if the lenders get a court order.


How does the extended plan work and can I do a wage revokation letter? Can all three garnish me @ one time?


lrhall41

Submitted by williams_candice3 on Fri, 09/17/2010 - 12:26

( Posts: 4 | Credits: )