PayDay One Help
Date: Tue, 06/26/2012 - 08:42
I live in Ohio, and I have a loan for $1500 with PayDay one. I want to work out a payment arrangement with them to pay off the loan, but they stated previously that they would only be able to work out an arrangement if the ACH was rejected by my bank (Chase). The problem is, even though I opted out of overdraft coverage, Chase still approved the ACH transaction and allowed the ACH to go through, overdrafting my account. I called and they said they were not able to reverse the transaction. Any tips on either getting PayDay one to work out a payment arrangement? Do I need to say something special about a hardship? (I do have a medical condition, so that wouldn't be lying) Or do I have to close my Chase account in order to work something out? I'd really hate to have to close my account, unless I absolutely have to.:confused: Thanks for any help you may be able to offer!!
I should mention that I also had a loan with Cashland (brick and mortar store) that I was able to work out with a repayment arrangement with no problem, and that loan is now satisfied.
I should mention that I also had a loan with Cashland (brick and mortar store) that I was able to work out with a repayment arrangement with no problem, and that loan is now satisfied.
Addendum to question
OK, so I called back, and I don't know if I just spoke to someone worthless the first time on the phone, or if it was the fact that I mentioned my medical hardship this time around, but I was able to be set up on a repayment plan that was for only the amount owed, split over 5 payments. Just wanted to add this update for anyone else dealing with PayDayOne. At least for Ohio, it was possible to be set up on a payment plan and finally be done with running as hard as I can to stay in the same place. :D
That's exactly what they're supposed to do. Good for you!
That's exactly what they're supposed to do. Good for you!