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Payday Loans Nightmare

Date: Thu, 01/31/2013 - 09:59

Submitted by anonymous
on Thu, 01/31/2013 - 09:59

Posts: 202330 Credits: [Donate]

Total Replies: 1


I am presently going through payday loan hell. I have five payday loans totaling $2500 (principal) or $4000 (with interest). It's been hard to get in contact with the collection departments. When I notify the store reps that I can nolonger make the payments they attempt to make arrangements where they only reduce a payment here and there. They tell me that they cannot put me in contact with the collection department until I am in default. All of the loans are storefronts and legal in Colorado. What steps do I need to take to get payments that would allow me to eat and survive? I am only seeking additional time to pay and in no way am I seeking to abandon my obligations. A few of the loans have went to collections. Below are my loans. Any assistance will be greatly appreciated. This is great website.

Moneytree $500
Cash America $500
Mister Money $500
Checkmate $500
Payday Now $500