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Old Installment Payday Loan in IL from 2013

Submitted by siestakey28 on Wed, 01/17/2018 - 13:59
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Hello, trying to get some help with settling an installment payday loan taken out in 2013 at Americash Loans in IL. The original Loan was 3000 and over 2300 was paid back. They say I owe, 5300 as that is a result of fees over the years. Any advice on how to negotiate a settlement with this company? They said the minimum they can take is 1200.00..Please help. Thank you.


Illegal lender. You just need to pay $3000 in total. If you have paid $2300, then just pay $700. That's it.


Submitted by SC on Thu, 01/18/2018 - 03:33

SC

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This was in in store installment loan from 2013 that I took. They do have a license. I need help with negotiating a settlement. They now say they can't take the 1200 they initially offered. It's now 3000. Any suggestions?


Submitted by siestakey28 on Fri, 01/19/2018 - 11:33

siestakey28

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If one can come down from $5300 to $1200... Guess he will come down to $1000, and then probably u know a bit less too.. like some $500 or so??

Atleast something's better than nothing.... Else take help of a settlement company.... !1! they won't charge you much....


Submitted by Phil Bradford on Fri, 01/19/2018 - 10:32

Phil Bradford

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