Question
Date: Sun, 06/17/2012 - 16:07
I have two installment loan I secured online:
Checkn'Go 2600.00
CashnetUSA 2600.00
As I say these were online loans and I live in California. The ChecknGo loan was began in November 2011 and I have never missed a payment. The CashnetUSA loan was done in May 2012 and I have made one payment. What will happen if I am unable to continue payments on these loans ?
Checkn'Go 2600.00
CashnetUSA 2600.00
As I say these were online loans and I live in California. The ChecknGo loan was began in November 2011 and I have never missed a payment. The CashnetUSA loan was done in May 2012 and I have made one payment. What will happen if I am unable to continue payments on these loans ?
Checkn'Go and CashNetUSA are both CSOs. If you can't repay them,
Checkn'Go and CashNetUSA are both CSOs. If you can't repay them, they might sue you. If you are facing financial hardship, call your lenders and ask for an extended repayment plan.
I would call and ask them if they can change your payment arrang
I would call and ask them if they can change your payment arrangements. These are installment loans so EPPs don't really apply. How much are you paying each of them and how many more payments do you owe? Figure out how much you can actually afford to pay monthly and ask them to allow you pay that much.
If worse comes to worse, you can always default on the loan and work out a payoff with collections.
