How to negotiate with CheckNGo Collections
Any advice on how to negotiate with Check N Go?
Check n' Go is a CSO and they are pretty agreeable to work with.
Check n' Go is a CSO and they are pretty agreeable to work with. Call them and ask them for an extended repayment plan. I'm pretty sure they won't give you much trouble.
Check 'n Go is very easy to work with. I found it easiest to co
Check 'n Go is very easy to work with. I found it easiest to communicate back and forth via email.
Tell them that you want to force the account to collections by revoking your ACH authorization. They will honor it.
You can then work with their collections department to set up a pay off arrangement.
If you've already paid a lot of interest/fees in rollovers, I suggest making a settlement offer as well.
Quote:
Example: You borrowed $1000 with a $300 fee. You've paid the feel aready 4 times (=$1200) Try to negotiate a settlement of $750 over 4 monthly payments of $187.50. |
Use whatever you can to ease your financial burden. Try to get them to let you make monthly payments rather than biweekly. Try to stretch the payments so you're not just continuing with a payment you can't afford.
Make sure you can stick to whatever terms you agree on.
Good luck!
I think it is already in collections as it defaulted last week.
I think it is already in collections as it defaulted last week. It's a payday loan, not an installment loan. I owe $585. I know that they will try to debit my account next week for 4 payments of $146.25 because they have done that to me several times before. I NEED my money to pay my rent, so I hope I can prevent them from doing that. Making monthy payments would be great, but I'm skeptical they will go for that. I'll certainly try for that tho.
Email their collections people. Revoke ACH auth. They will hon
Email their collections people. Revoke ACH auth. They will honor the revocation. Get a prepaid debit card and try to set up monthly payments. Mine was a CSO loan which is basically the same as a payday loan and they did it for me.
What if the revocation doesn't work? If Check N Go tries to debi
What if the revocation doesn't work? If Check N Go tries to debit my account for any amount do I have the right to get that money back? I can notify my bank of the revocation. I already know that a stop payment doesn't work. My bank warned me that it probably wouldn't but I paid the fee anyways. Would the bank be responsible for refunding the money if any ACHs go through after I request the revocation?
Yes. Revoke the ACH authorization. Give a copy to your bank.
Yes. Revoke the ACH authorization. Give a copy to your bank. If they put the charge through they are required to reverse it and refund any fees.
Does Check and Go have any other DBA's (doing business as names)
Does Check and Go have any other DBA's (doing business as names) that they could use? That could be the only other reason that your debit wasn't stopped--perhaps they used another name? You can still get that reversed, but it does take a little longer.
I emailed the collections department on Friday morning and I hav
I emailed the collections department on Friday morning and I have not gotten a response from them to set up a payment plan. Is an email sufficient enough? What if I don't hear back from them?
They don't work weekends. They'll respond. If you don't hear f
They don't work weekends. They'll respond. If you don't hear from them by late afternoon today, I'd resend your email.
Check n go
I have dealt with CHECK n GO. I owed for a $300 loan, plus a NSF fee of $15.00. They allowed me to break it up into 4 payments. I dealt with them by email, not over the phone. They are too intimidating over the phone.