?'s Regarding Payment Plan With Advance America! Please Help If You Can!
Date: Thu, 01/19/2012 - 15:29
However, I lost my main job just a few days ago and there is absolutely no way that I can pay them $325.00 on Jan. 27th as I'm already struggling to figure out how I can come up with all the rent money I need by Feb. 1st. :(
I just spoke to one of their customer service reps via chat and the payment plan she suggested unfortunately doesn't work for me at all. Supposedly it's something that their system just automatically generates and basically they wanted 4 payments of approximately $81.00 a piece starting tomorrow & then once a week for the next 3 weeks after that. I thanked them offering that plan but explained that even that's just not feasible for me as like I said before I'm struggling to find a way just to come up with enough money for my Feb. rent so I literally can't spare any extra money right now.
She was very nice about it but basically said that since the payment plan they're offering doesn't work for me, I'll need to call their collections department to set up a payment plan with them. I'm just hoping and praying they'll agree to set up something that actually works for me. Hoping they'll agree to put off my next payment until at least after Feb. 1st after I've gotten my rent taken care of.
Do you think I can actually trust their collections department to only debit my account for whatever amount we agree on on only the payment dates we agreed upon?? So far, I've had absolutely no problems with them debiting my account for more than what we agreed on & it's always done right when I'm expecting it. However, I've never dealt with their collections department before so that makes me a little nervous. I've thought about closing out my bank account & getting a new one before I set up a payment arrangement with them & then offering to pay them with a prepaid visa card. However, I've heard that even if you close your account out, they can sometimes still debit your new account since the original contract supposedly says something about me giving them permission to debit ANY of my accounts. Also, does anyone know whether or not they'd even agree to accept payments via a prepaid visa card??
Also, it would be kind of a pain in the butt to close out my account & get a new one as I'd need to contact several places that I have auto pay with to give them my new info. However, I'd rather do that then have Advance America potentially debit my account when they're not supposed to & cause my account to have NSF fees, etc. Ideally, I'd love to keep the bank account that I already have & just hope and pray that Advance America continues to show the same professionalism and only debit my account on the dates & amounts we agreed on. But...I'm a little nervous about doing that. Any thoughts and advice regarding this would be much appreciated. Thanks! :cool:
What state do you live in? Is your lender licensed in your state
What state do you live in? Is your lender licensed in your state? How much did you borrowed from them?
First, blankspace - this is ADVANCE AMERICA!!!! They are one of
First, blankspace - this is ADVANCE AMERICA!!!! They are one of the few who actually follow the rules. If you a) don't have a clue what you're talking about and/or b) have nothing of value to add, DON'T POST!! I've warned you about this behavior previously both in the forum and in PMs.
Second, the extended plan they offered you is the standard. If you cannot afford the 4 payment plan, you will need to force the account to collections. I'm assuming this was an internet loan? If so, email their customer service department and tell them you are revoking ACH authorization in order to force the account to collections. You will then need to contact their collections department and set up a payment arrangement. They should allow you to pay via a prepaid debit card. Just make sure you can stick to what you agree to.
You need to go into your bank and give them a copy of your ACH revocation email as well. They should block any attempts from the company to debit your account. Sit down and talk to someone. They should be able to help you with this. Worst case, put a stop payment on the debit as well, which will cost you $20-40 depending on your bank, but it's better than $325.
Thank you very much for your input OhioGal. I really appreciate
Thank you very much for your input OhioGal. I really appreciate it!
P.S.) Yes, this is an internet loan not a store front loan.
