payday loan help

Hi there and welcome, well, unfortunately Nevada payday loan laws aren't very pro-consumer. You can read them at the link below.
http://www.paydayloaninfo.org/state_detail.cfm?id=NV
I am assuming all of these are store front except CashNetUSA. You'll need to make some type of payment arrangements with them. Cash 1 and Moneytree may offer an EPP (Extended payment plan). I was trying to go to the CFSA website but it won't load so it must be down. There I could find out whether any of these lenders are members. Anyway, if they are members, request an EPP, this way you can pay off these loans in four separate payments and the interest stops when you enter into the agreement.

By the way, you must request the EPP BEFORE your next payment is due.

well will i be able to request an epp for tomorrow? and how does rollover payment work? can i keep on paying just the interest? what is that CFSA website? can you also tell me a good PDL consolidation program? something that can be trusted. thanks!!

CFSA = The Community Financial Services Association of America,
http://www.cfsa.net/

The website is working now so I can check to see if yours are members, if they are that means you would be eligible for the EPP. I highly recommend you taking advantage of the EPP as the interest stops and they divide your payments into four equal payments. I honestly can't recommend a debt consolidation program for payday loans, but that's just my own personal view.
Both of your store front lenders ARE members of the CFSA, this means you can get an EPP. Click the link below to read about the EPP, number 11.
http://www.cfsa.net/industry_best_practices.html

so how long can i get the payments for? is it once a month? just wondering? because i entered into an EPP with cashnet and they pullout money whenever i get payed.

Just make sure you request an EPP BEFORE you default, that is very important. Honestly, you would be better off entering into an EPP instead of paying the interest, if you continue to do that it could take months and months to get out from underneath the payday loan trap.

4 equal payments, on each payday, that is usually how it works.

well cashnet did not offer me the 4 equal payments is that required by nevada or the CFSA? they only offered me 3 payment option... thanks for the infor shaz!!!

I'm not sure what the deal was with CashNetUSA but as far as I know 4 equal payments has been standard practice, no matter what state you are in.

also do you think they will agree to me to starting this EPP at my next paycheck because this paycheck will not be enough to cover for this. And also cashnet i already contacted them in seeing if they can just extend this until my next paycheck what will happen if i dont pay this on time??

If my memory serves me correct, when I started the EPP I had the option of paying that day or the next paydate. This was with Advance America and all I had to do was go in before my loan due date then request the EPP from there. The clerk informed me that I could pay in 2 weeks or pay early that day. You may want to call the company and clarify.

CashNetUSA is not member of CFSA- so thats probably why they offered you the 3 pays. They offered an EPP just not under the guidelines of CFSA (which is the 4 pays).

CashNetUsa is a member of the CFSA and has the CFSA logo posted on their site: http://www.cashnetusa.com/

Shazzers you said "request an EPP BEFORE you default." I have already defaulted and now need to request an EPP. Any advice?

All you can do is ask for an EPP, I'm not sure what they will say, the guidelines state to request EPP before you default. You can read about it at the link below.
http://www.cfsa.net/public_education_campaign/guidelines/guidelines_extended_payment_plans.html

You may even find it necessary to contact the corporate office, just do whatever you can to obtain an EPP. I will hope for the best!

To clarify,

The EPP is envokable prior to the loan going into default. It is clearly outlined in the CFSA EPP guidlines. They may be willing to work out some other alternative after you have defaulted not to sure. But it has happened before. Just give a shot!!

Just as an FYI, the EPP is available in any state that a CFSA member operates. There may be states that have thier own EPP in the regulations that will override the CFSA's version. Also, if the customer has entered into an EPP with the company in in the previous 12 months, it is not an option.

To the OP,
I am not sure about state regs in NV pertaining to EPP's. You might want to call the state to verify.

Well I fell on hard times and had the choice of buying food (I have 2 children) or paying on my pay day loans. My next check is not going to be here for 2 weeks. So I had to not pay on my pay day loans. I want to pay them what I owe. I have been reading here to try and figure out what to do.

If they will not let me have an EPP how do I pay them?
oh, I have not ever been on EPP.

If a payday loan site displays the CFSA logo are they members? CashNetUsa displays the logo, but they are not found on the CFSA website members listing????

ok here is what happened when i went into cash1 today. I told them i needed to get into an EPP and they well we will have to wait till the check goes in on monday and you go into default. I asked them since there will be no money in the account the check will bounce right? and they said yes. So i cant avoid that? they said no. You will start your EPP when you get money just come in and you will do a payment of 95 for 5 payments. i mean the 5 payments of 95 is not bad, but i was trying to avoid bouncing a check because it will incur a fee from them and my bank. was there anyway around this?

Is Cash1 a storefront?

yes it is and will since you know i told them i cant pay will they do collections on me??

If you get into an EPP, they may call you for a reminder call.

well i just went into my account and cashnet overdrew my account. How can i fight these people? I told them to not withdraw from there because there will not be any money in there because i straight out told them I will not have it to them. What can i do now?? Thanks.

well now i am falling into more and more debt. Well i went through my bank and basically told to stop the ach debit, and to dispute this cashnet, because clearly i did not have any money in there and why would i want my checking account to go overdrawn? Hopefully they resolve. I called cashnet and they basically said no they cant do anything. I told them so you will basically overdraw my checking when I am clearly stating that I will not have the funds right now for it? I wish I never went into these PDL's when i am done with them I will advise everyone I can to stay away!! so much headaches...

Cashnestusa did the same thing to me. I called them and told them prior to my due date and ask to be put on EPP. They said they could not do that and my payment amount would be taken out of my account on its due date. They said if it overdrafted my account then I would have to pay their returned check fee of $25 and I would have to pay the NSF fee to my bank.

If I cant afford to make the payment how do they think I can afford to pay overdraft fees.

I told them over the phone I wish to revoke my ach agreement. They said I could not do that because I signed a contract agreeing to ach. I got off the phone and sent them a fax revoking my ach agreement. I also took a copy to my bank.