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Storefront vs Internet PDLs - I'd like a little advice, please

Date: Fri, 10/31/2008 - 10:12

Submitted by Spudsnmagic1
on Fri, 10/31/2008 - 10:12

Posts: 6 Credits: [Donate]

Total Replies: 2


I notice that throughout the various posts, it appears to always be suggested that the storefront pdls get taken care of first as they are the most likely to proceed with court action.

My question is the following:

I live in CA and am now aware of CA laws re: loan amounts, rollovers, etc. I obtained three storefront loans but also various internet loans. A couple of these internet loans are from lenders who are also storefront - but I obtained the loans online. These lenders are: Check Into Cash (aka Loans by Phone) and Speedy Cash, both such lenders are legal and licensed within California.

Does anyone have any personal experience as to how these companies work with regards to collection efforts if the loan was obtained via internet and not in the store?

I do intend to eventually pay off the numerous outstanding PDLs that I have, however, I'd like to try to deal with the ones most likely to pursue court action first.

Thanks everyone! This site is awesome and has given me so much knowledge and sense of peace in dealing with my situation! :-)