Advice on best way to handle?

First try to find out whether or not Check-n-go is a licensed lender. If they are not licensed, then you will be liable only for principal amount. In this case you need not to pay them any interest or fees. Close down your old bank account and open a new one. But if they are licensed, then you will have to pay both the principal and interest. In this scenario, it would be better for you to settle your debts on your own. It will help you to save your money. Go through this link to get more knowledge about this:
http://www.debtconsolidationcare.com/steps.html

To begin with, Check n Go is a licensed CSO in CA so there is no real easy way out of this. Now there are a couple of things that could be done at this point but I am not very sure of how much risk it entails (it might go into collections). You should give Check and Go a call and ask for the EPP and if they agree (or you can do this beforehand as well) revoke ACH to stop the NSF charges. The EPP will let you split up the unpaid balance into easy chunks and you can pay them via money order or a prepaid debit card.

Lets see what the other people have to say about this idea. They might have a better PoA.

EPPs are really only for payday loans or CSO loans. The original poster stated their's is an installment loan.

My best advice is to try to work out an alternate payment plan with the store. If they won't help you, contact the corporate office and let them know that you need to have this resolved or you'll have to default on the loan.

I'm currently trying to get something worked out with Check N Go myself.

Did they tell you they ACH'd the whole loan amount or was it just for the $308 regular payment? Because if I would call ahead and tell them I couldn't make it in they would ACH the regular installment payment, not the whole loan amount.

I don't know if your state will be any different but if you have a storefront Check N Go loan, they won't send your acct to collections until you're at least 60 days past due (gives them time to get interest added in before they have to stop interest on your balance). Until that 60 days is up, you'll have to figure out how to work with them, I'm making partial payments to stop collections calls, but I don't intend on catching up the full balance so it'll get sent to their collections dept as quickly as possible. I haven't figured out how to get them to pull it to collections quicker, the manager won't return my calls and corporate just states the store has to send it, they can't force them to and until they have it, they can't work out collections arrangements.

Hey all,

thanks for the advice. Apparently I misunderstood the person at the store when he said they were ACH'g the whole amount. He meant the whole installment payment amount of just $308. so it was just a matter of depositing that back into my account for it to be withdrawn. Thankfully it did not mess me up with the other outstanding payments I had already sent out. Just puts into perspective how the pay day loans can take over your life. Now my focus is to just pay them all down, adding as much as I can to each payment to help pay the principal down quicker.. I can't wait to be out of this cycle!! Good luck to everyone else too, on finding solutions.;)