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Debtconsolidationcare.com - the USA consumer forum

PAYDAY LOAN

Date: Tue, 08/30/2005 - 13:40

Submitted by anonymous
on Tue, 08/30/2005 - 13:40

Posts: 202330 Credits: [Donate]

Total Replies: 1


I started out with 11 payday loans this morning and now I have 10. This is such a miracle. Today was doomsday for me. I had decided that I would call all of the companies that I had loans with and try to make payment arrangements. All of my loans are current none have defaulted but I did close out my checking account so that they could no longer take out payments. Well anyway...the one company that I had the smallest amount which is $260, I decided to call first. I was actually gonna pay them off in full since I owed such a small amount. After speaking with one of the representatives I told him my problem and he told me not to worry about it that my account is now paid in full. I've been paying interest on that loan for over 6 months and he told me that I could've called sooner and they would've let it go. Then he asked if I wanted to take out another one. I told him no thank you! He faxed me over a document stating that this loan was paid in full. I'm so happy that I decided to call. I got another company to accept a payment arrangment and they are only charging me the amount of the loan and not the interest and I will be paying that off in two lump sums.

This is to all of my fellow payday loan borrowers....call them before you default on your payments and maybe they will be willing to work with you.

Thank you to all the people that have posted on this site. I have gained a lot of knowledge and strength from you!


Hi Danni,

It is really a nice move that you are trying to improve your credit file. The best part is that you are aware of your past debt and the creditors are willing to work with you.

Keep up the good work and you will definitely succeed in achieving your goals.

Regards
Roxette


lrhall41

Submitted by roxette on Tue, 08/30/2005 - 13:51

( Posts: 4009 | Credits: )