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Approved Money Center filing hot check charges

Date: Tue, 11/23/2010 - 08:55

Submitted by anonymous
on Tue, 11/23/2010 - 08:55

Posts: 202330 Credits: [Donate]

Total Replies: 4


I have defaulted on a payday loan with Approved Money Center. I have offered to pay them out what I can, which, with their fees and interest, the amount is over $1000. But, they say if I don't pay them back with 6 weeks that they will turn my check over to the hot check department at the county office, and charges will be filed. I just don't have that much money to pay back in six weeks, and have offered to pay them $100 every two weeks, but they say they can't do that. They say any money I give them, they will keep, and if I don't pay them the whole amount in the specified time, they will give me the money back and turn it over to the hot check folks. Can they do this?


Well, I can tell you what I would do but it's up to you whether to take my advice or not.
I would send them a letter certified, return receipt requested, in that letter I would outline a payment plan I could afford and include a good faith payment. Then I would continue to send those payments via the mail with money orders and keep copies of ALL correspondence. By the time this ever went to court you would have proof that you were trying to work things out, the judge would see this by your attempts and probably not do anything besides tell you to continue making payments. The point is, if you are making an attempt to pay this off and have proof, there isn't too much else they can do. Read the link below, there is some interesting info in it.
http://www.stoppaydayabuse.org/get-help/


lrhall41

Submitted by Shazzers on Tue, 11/23/2010 - 09:20

( Posts: 17344 | Credits: )