Help with PDL, I'm in over my head!
Date: Mon, 10/18/2010 - 16:18
I've got 3 PDLs.
Cashnetusa $500 and they're charging me $120.00 every 2 weeks with nothing going to principal.
Check n Go online $150, charging me $39.99 every 2 weeks to roll it over.
National cash advance storefront. $501, charging me $47.00 every 2 weeks to reborrow.
I'm not in default yet, but I'm behind on all my other bills...and paying huge penalties for being late. I live in Ohio, and closing my bank account will surely take a while because my child support is directly deposited as well as my paycheck. I feel like I can't breathe!. Last pay period I had exactly $22 to buy groceries & gas for 2 weeks, and that wasn't even paying all my bills.
I know I'm an idiot. You've all heard it before. I was overwhelmed, my ex had stopped paying his support, and one loan snowballed into 3. I can't get out. There is no one I can borrow the money from. And to make it even worse, I told someone about the cashnetusa and how I was sick with worry over it...and she got a loan too. It's like a cancer that spreads.
Can someone please tell me what to do next?
Thank you.
I hear you. I was in the same state you are in now. I had to c
I hear you. I was in the same state you are in now. I had to close my account and get a new one. I was in a uproar and did not know what to do. So I prayed about it and now I am getting help through a payday consolidation assistance program. You might think about this and it will help you through this. It is helping me.......I thought I was going to loose my mind behind this. I had 4 loans and kept getting them because of my situation. Hope this helps you. Pray and seek the Lord and he will direct you.
Contact your PDL provider and ask them to work out a payment arr
Contact your PDL provider and ask them to work out a payment arrangement for you. Also, on your payday, transfer or withdrawal your funds prior to 8am local time when most bills post to your account. yes, this will cause nsf fee; but then you make arrangements. I've been there and working on paying them off.
Check N Go will not sue and I am pretty sure that CashNet will n
Check N Go will not sue and I am pretty sure that CashNet will not either. As for National, I am not sure. If you can handle the calls, let them go into default and then make arrangements. Based on what you are saying, if there is an EPP option (depends on the loan type), you could not afford it.
Wait for someone to chime in about National and if they do not sue, just let them go thru your account and the make payments.