Response of My Cash Now for my own payment arrangements
Date: Tue, 11/01/2005 - 09:33
Well I called My Cash Niw to setup payment arrangments other than the original contract and they stated that they only setup payment arrangments with debt consolidation companies? Has anyone heard of this? I would like to setup my own payment arrangements with them, but they won't?
I have a feeling that some creditors don't want to provide extra
I have a feeling that some creditors don't want to provide extra facilities to the consumers because they fear that we might again default in the payments.
They get an assurance that the amount will be paid to them if a consolidation company comes into picture. Have you discussed with your consultant about this situation?
I guess it will be beneficial to you because you won't have to involve yourself personally in this deal. The consultant will handle it in the professional way and get the total amount of debt reduced. So, you won't have to pay the financial charges, late fees etc which might have been included outside the program.
