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Installment Loan in California

Date: Sun, 07/24/2011 - 21:43

Submitted by tiredandfedup
on Sun, 07/24/2011 - 21:43

Posts: 3 Credits: [Donate]

Total Replies: 3


My daughter, who lives in California, took out an installment loan with Check n Go. The original amount was $2600. She has been paying on it for months at almost $300. every two weeks. She has paid well over the original amount plus interest, but she was told that because it was an Installment Loan, she has no recourse but to keep making the payments every two weeks since she can not pay it in full. Is this correct? Anyone got any ideas or solutions?