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CASHNETUSA LOAN DEFAULT

Date: Tue, 02/05/2013 - 14:22
Submitted by on Tue, 02/05/2013 - 14:22
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A couple of months ago I took out a payday loan with Cashnetusa for a total of $694.09, including the fees. As of a couple days ago, my last payment of $144.46 is in default. I lost my job about two weeks ago and am unable to pay and Cashnetusa will not stop calling me. Is there anything that I can do?


Follow the link in my signature line for full instructions on how to deal with your loan. Even though it may be legal, you still have the right to revoke ACH rights and voluntary wage assignment.


Submitted by SOAPLADY on Tue, 02/05/2013 - 22:31

SOAPLADY

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You will possibly not qualify for the EPP since you have already defaulted. Your best bet is to revoke ACH in writing with CashNetUSA and your bank and then force this account into collection. After that negotiate on the terms.


Submitted by Steve Barris on Tue, 02/05/2013 - 21:16

Steve Barris

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Why should Cashnet USA stop calling you? You have taken out the loan. It's your responsibility to make payments on the loan.

Explain Cashnet USA about your situation. See, what they tell you. Ask the criteria to qualify for EPP.


Submitted by ditchdebt on Tue, 02/05/2013 - 19:16

ditchdebt

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