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I have had payday loans forever and NEED to get free!!!

Date: Wed, 10/01/2008 - 23:41

Submitted by anonymous
on Wed, 10/01/2008 - 23:41

Posts: 202330 Credits: [Donate]

Total Replies: 2


I live in the state of Tennessee. I have 2 storefront loans for 450.00 total and one internet loan with Payday one for $550.00.
I have had the storefront loans for so long that I have no idea how much I have paid them. The internet loan has gone on since July. I am paying out over $500.00 dollars a month on these things! I am in danger of having my car repossessed and am unable to afford food some days. Tennessee laws are heavily in favor of the lenders so I need help.


Well first you need to find out if your storefront lender have an EPP (extended payment plan) you will have to find this out before your due date. If they do not, then speak to the store manager. Seeing as you have been a customer there for quite some time they should know you pretty well. They may be able to put you on a payment plan. If they have an EPP then you won't have to worry about them cashing you check as long as you make your payments. If they do not they will have to deposit your check first. But the good thing about either of these is that all interest stops. Just be upfront with them and tell them your situation and they may be able to help.

With the internet one, you can do a search in the box in the upper right corner. It will show you lots of posts on that company. I haven't delt with that one so I don't know how easy they are to deal with.


lrhall41

Submitted by puddlejmpr on Thu, 10/02/2008 - 07:18

( Posts: 1634 | Credits: )