storefronts or internet

Date: Thu, 02/07/2008 - 03:26

Submitted by anonymous
on Thu, 02/07/2008 - 03:26

Posts: 202330 Credits: [Donate]

Total Replies: 5

i saw so many people discussing their problems with payday loans that i thought that you people must be knowing the answers to my question. i am hard pressed for money. i am unemployed and do not know the state of my credit report as i have taken quite a few loans earlier and not repaid them and luckily managed to evade the creditors. :evil: but i find myself in the same situation as before but i have made up my mind that this time i will repay. my question is: which is the safer one? the storefront or the internet payday loans?

This forum is to help people find solutions to get out of debt,

This forum is to help people find solutions to get out of debt, it is always recommended that you pay back what you are legally bound to pay.

lrhall41

Submitted by Shazzers on Thu, 02/07/2008 - 03:50

( Posts: 17344 | Credits: )

Store fronts Are usually operating legally so it is best to pay

Store fronts Are usually operating legally so it is best to pay them off first. If you are thinking about taking more loans out, actually none are a safe bet

lrhall41

Submitted by kashzan on Thu, 02/07/2008 - 04:15

( Posts: 5401 | Credits: )

r

However, if a person finds themselves in a "bind" or an emergency arises, lean towards the storefronts. The internets are the ones who do not follow the law, debit your account into the thousands, etc. Storefronts follow the law, you have to pay them back, they don't debit your account, etc. I'm not saying "Go out and get a pay day loan". Not at all. I'm just stating that IF an emergency arises (and we all know sometimes things do happen), lean towards the legal storefronts.

lrhall41

Submitted by on Thu, 02/07/2008 - 04:55

( Posts: | Credits: )

I have to go with Kashzan and the guest. If you absolutely have

I have to go with Kashzan and the guest. If you absolutely have to do it, go with a storefront. I would also ask about their Extended Payment Plans (EPP's). If anyone thinks this is a bad idea, feel free to chime in.

lrhall41

Submitted by on Thu, 02/07/2008 - 06:59

( Posts: | Credits: )

You can not ask for the epp when you apply for the loan. It has

You can not ask for the epp when you apply for the loan. It has to be asked for just prior to the loan defaulting. Inly store fronts taht are members of the cfsa will evoke an epp.

lrhall41

Submitted by kashzan on Thu, 02/07/2008 - 07:03

( Posts: 5401 | Credits: )