Payday installment loan / personal loan
Date: Mon, 10/22/2012 - 16:07
Hello,
New to forum so I'l start with the basic
Installment loan - 2600
Amount paid - 500+
Company - check n go
State live in- California
Payment due every 2 weeks
As many other people I got this installment loan to cover emergency expenses . My credit is rating is fair but my credit usage is extremely high. I had been applying to various credit unions and lenders and was turned down left and right. The interest rate is 216% apr and Im trying to find a way to get this loan refinance to any company that the interest rate is 30% or less. I was hoping to get pointed in the right direction or find out what steps I can take to actually be able to pay off this debt. My credit card companies won't let me increase my limit, my credit unions ( tried 4) won't approve me for any loan. Is there a debt management company or lender who works with individual with high credit usage and fair credit (620-650 fico)? That is willing to lend money or transfer payday loans? Any help is good help thanks
New to forum so I'l start with the basic
Installment loan - 2600
Amount paid - 500+
Company - check n go
State live in- California
Payment due every 2 weeks
As many other people I got this installment loan to cover emergency expenses . My credit is rating is fair but my credit usage is extremely high. I had been applying to various credit unions and lenders and was turned down left and right. The interest rate is 216% apr and Im trying to find a way to get this loan refinance to any company that the interest rate is 30% or less. I was hoping to get pointed in the right direction or find out what steps I can take to actually be able to pay off this debt. My credit card companies won't let me increase my limit, my credit unions ( tried 4) won't approve me for any loan. Is there a debt management company or lender who works with individual with high credit usage and fair credit (620-650 fico)? That is willing to lend money or transfer payday loans? Any help is good help thanks
My best advice in your case would be to default on the loan and
My best advice in your case would be to default on the loan and then work out payment plan you can afford with collections.