Defaulting/Pymnt Arrangments still leaving me no money
Date: Wed, 10/10/2012 - 08:23
I've defaulted/set up arrangements on pretty much all of my accounts and I'm still finding myself with barely enough money each payday.
Check Into Cash: $132 every 2 weeks on EPP (2 paid, 2 left)
Quik Cash: $81 monthly on EPP (1 paid, 3 left)
Advance America: defaulted, will allow me to payoff balance without a structured agreement just pay what I can until balance is gone ($553 balance)
EZMoney: defaulted, will allow me to payoff balance without a structured agreement (not sure what the balance is but I've paid $50 toward paying down balance)
Check N Go: trying to default, they won't send it to collections until you're so far past due. I've "missed" (only made partial payment of $50) twice and she said after the next payment is missed it'll be officially in default. I'm hoping their collections will offer me a settlement and then pay off that balance in like 4 payments.
Kwik Kash: they wouldn't set up any arrangement other than to give me until 10/31 to pay off the $600 balance. I've paid $40 to them and I don't think I'll be able to get them paid off in time, this is some weird local payday loan place and they keep saying if you default since its over $500 for the check they're holding they'll turn it over to the sheriff.
Ace Cash Express: I made an inital $300 payment with a corporate rep to get the account to default and set up an alternative arrangement. She STILL hasn't called back to let me know what they are able to do. I'm not gonna push it as it gives me more time without making payments to them.
CashNetUSA: $129 biweekly payments on $900 installment loan, no arragenements set up, have 7 payments remaining 8 made. You have to send in ACH Revoke in writing so I'm going to see if I can do that today but something tells me it won't "get there in time".
The Loan Machine: Settled balance to $3000, making payments of $250 until paid off. Current balance is $2500.
Title Max: $560 payments a month until balance paid off :(
I'm at the point where I'm not going to have enough money to pay for daycare next week so I'm considering paying off the $240 balance for Quik Cash and reloaning for $500. I'm so desperate to get rid of these balances but even when I'm trying to pay them off I can't do anything but get sucked back in. If the daycare woman won't let hold off on next week until 10/19, I have no choice and then I'll be undoing all the work I'm putting in.
Check Into Cash: $132 every 2 weeks on EPP (2 paid, 2 left)
Quik Cash: $81 monthly on EPP (1 paid, 3 left)
Advance America: defaulted, will allow me to payoff balance without a structured agreement just pay what I can until balance is gone ($553 balance)
EZMoney: defaulted, will allow me to payoff balance without a structured agreement (not sure what the balance is but I've paid $50 toward paying down balance)
Check N Go: trying to default, they won't send it to collections until you're so far past due. I've "missed" (only made partial payment of $50) twice and she said after the next payment is missed it'll be officially in default. I'm hoping their collections will offer me a settlement and then pay off that balance in like 4 payments.
Kwik Kash: they wouldn't set up any arrangement other than to give me until 10/31 to pay off the $600 balance. I've paid $40 to them and I don't think I'll be able to get them paid off in time, this is some weird local payday loan place and they keep saying if you default since its over $500 for the check they're holding they'll turn it over to the sheriff.
Ace Cash Express: I made an inital $300 payment with a corporate rep to get the account to default and set up an alternative arrangement. She STILL hasn't called back to let me know what they are able to do. I'm not gonna push it as it gives me more time without making payments to them.
CashNetUSA: $129 biweekly payments on $900 installment loan, no arragenements set up, have 7 payments remaining 8 made. You have to send in ACH Revoke in writing so I'm going to see if I can do that today but something tells me it won't "get there in time".
The Loan Machine: Settled balance to $3000, making payments of $250 until paid off. Current balance is $2500.
Title Max: $560 payments a month until balance paid off :(
I'm at the point where I'm not going to have enough money to pay for daycare next week so I'm considering paying off the $240 balance for Quik Cash and reloaning for $500. I'm so desperate to get rid of these balances but even when I'm trying to pay them off I can't do anything but get sucked back in. If the daycare woman won't let hold off on next week until 10/19, I have no choice and then I'll be undoing all the work I'm putting in.
Do you have family or friends you can borrow from?? I recommend
Do you have family or friends you can borrow from?? I recommend you pay off the EPPs and then slowly pay of the defaulted ones
This is a very serious and tight jam. Please know that I would n
This is a very serious and tight jam.
Please know that I would never say (or recommend) what I am going to say now:
1. You could consider non-profit credit counseling/DMP.
2. If your credit is still good, a consolidation loan maybe.
I only say this because I personally know that borrowing money from friends/family is not always a viable option. I have been where you are now and I have been up to my nose in it.
PLZ do not take out extra loan!! Also friend waffle right on the
PLZ do not take out extra loan!! Also friend waffle right on the money. If miss one payment of the EPP it is CANCELLED
