Store Front Loans
Date: Fri, 05/29/2009 - 13:48
Hi! I have a couple of pdls I am trying to get paid off; trying to figure out the best way to go about this with limited funds.I know they dont seem like a ton, but Im really on a limited budget right now with the way they've had to tighten stuff at work with the economy.
They were all store front loans. I had four out, but was able to pay one small one off yesterday.
Now I owe three, in Tennessee--
Check Advance - (checkadvance.org) Nashville, TN for $200; $30 fee, $230 total.
Citiwide Cash Services - Antioch, TN for $125; $20 fee, so $145 total.
Cash 2 Day - Antioch, TN for $200; $30 fee, $230 total.
I'm having a hard time getting these caught up. I've had the "Check Advance" one out the longest. Seems like every day I get paid, I go in and pay them their $30 but have to re-write and do it again. The one to Citiwide I've at least dropped from $200 to $150 to $125. I'm trying.
Any suggestions to try to get these paid off? I had wanted to look into one basic loan from somewhere that would let me pay all three of these off to make it easier, but with bad credit, I have no clue where to go for that. I've never been late on any of these. I just really don't want to take out another.
They were all store front loans. I had four out, but was able to pay one small one off yesterday.
Now I owe three, in Tennessee--
Check Advance - (checkadvance.org) Nashville, TN for $200; $30 fee, $230 total.
Citiwide Cash Services - Antioch, TN for $125; $20 fee, so $145 total.
Cash 2 Day - Antioch, TN for $200; $30 fee, $230 total.
I'm having a hard time getting these caught up. I've had the "Check Advance" one out the longest. Seems like every day I get paid, I go in and pay them their $30 but have to re-write and do it again. The one to Citiwide I've at least dropped from $200 to $150 to $125. I'm trying.
Any suggestions to try to get these paid off? I had wanted to look into one basic loan from somewhere that would let me pay all three of these off to make it easier, but with bad credit, I have no clue where to go for that. I've never been late on any of these. I just really don't want to take out another.
reply
if they are CFSA members they should let you enter into an EPP(extended payment plan).your loan is broken into four equal payments and interest is stopped.go in before your next due date on each and speak to the manager.the small amounts shouldn't matter.
If you cannot afford the EPP, then continue paying off and reloa
If you cannot afford the EPP, then continue paying off and reloaning. The catch is to put an additional $25 on the smallest until PIF. Then move to the next one and do the same. As you continue to paydown, you should have more extra cash to put down the next time.
