Check n Go, Magnum Cash Advance, Elastic, Greenlight Funding HELP PLEASE!!!!
Date: Mon, 08/16/2010 - 09:39
Ok, I have a couple of payday loans that are getting hard to manage...no kidding when they say it can becomes a cycle. Any how here's the deal:
State: Florida - No Roll Overs, Max $500
Check n Go $500/55 per month
Magnum Cash Advance $300/80 per month
Elastic $500/112 per month
Greenlight Funding $500/120 per month
All Online Lenders
All loans have to be paid each month in full and I have to get a reloan except for Elastic. I wish I could pay them all, but after trying to figure it out I can't even pay $100/month for each of them!!!!!!! How did this happen I say!!!! I have been in this before some years ago and I closed my account and had to deal with overdraft fees and a couple of phone calls and I was able to pay them eventually. But this is a new group.
I closed my account a couple of weeks ago b/c I had an unauthorized paper check go through as a result of searching for a lower cost payday loan in the place of Magnum Cash Advance.:confused: Anyways, I have a new checking account with the same bank.
I think I will wait and see what happens and go from there. Magnum has my new account info. b/c I have to get a loan with them so late in the month so I'm not charged more fees.
P.S. Recent disasters have made things much easier (not)....really high light bill/got payment arrangement still have to pay whole amount though in two months, student loan past due (not eligible for forbearance or default) wasn't in the budget for a while, and car insurance renewal I kept putting off and had to pay last month.
Bottom line...if these don't go through my old or new checking account....do they call and harass the snot out of you at work? I would love to pay them back a little each month, but I know they won't go for that up front, I was thinking of emailing them, but I'm not sure.
Thanks for any advice you have! I would love to hear from people who have dealed with them in the past, but any advice is welcomed!!!:)
You and I are rowing in the same boat. Basically we have the sam
You and I are rowing in the same boat. Basically we have the same situations. Any advice you get is sure to help me see the lighthouse.
I have not dealt with them but you can use the search box and f
I have not dealt with them but you can use the search box and find out how others dealt with them. Also keep checking back for more replies from shazzers and other experienced members
Another trend I see with the payday loans is that you have to ge
Another trend I see with the payday loans is that you have to get a minimum of $300 with most now. It has been times where I only needed $100 if that, but I had to get the whole $300. Looks good at first, but not at the end of the month! I don't need that added headache. I may not have to get magnum cash advance at all.....I was anticipating it, but I might be able to make it to the end of the month without it. I surely hope so!!!!!! One less headache to have.