I have 6 payday loans out with a principal of $500 each. All interest is ~$45, save one which is $87 against $500.
The lenders are-
Check 'n Go, Checksmart, American Cash Advance, National Cash Advance, National Loans, and Ace Cash Express. I can make my loans this week, but not next.
If I ask for an EPP for those that are CFSA members, will I have to immediately make a payment? If I close my account prior to next payday, to avoid multiple NSF fees from my bank, is that illegal? I will be notifying the lenders before my due date that I can't make the payment. Any suggestions are welcome.