Nevada PDL help please
Date: Mon, 03/28/2011 - 08:20
Check N Go - $1000 + $250 fee = $1250
Rapid Cash - $1200 + $275 fee = $1475
Money Tree - $1100 + $181 fee = $1281
Total including interest is $4006. I only make $2200 after taxes every two weeks, which should be more than enough to support my family but I pay SO much just in interest and it's killing me. What should I do? These are all due on the 31st and I know I'll have to roll them over again because I have to pay rent as well.
All of your lenders are licensed to lend in the state of NV. My
All of your lenders are licensed to lend in the state of NV. My suggestion to you is that you contact the customer service people of each and ask for an extended payment plan. Check 'n Go will definitely give you a plan where you can divide the $1250 you owe into at least 4 payments over your next 4 paychecks (although, I would try to negotiate a monthly payment). The other two may do the same. Either way, since they're legal, they will usually honor an ACH revocation, which will then force the account to collections and give you more negotiation room. If Rapic and MT won't give you and EPP, that may be your best course of action with them. Negotiate with them via email or by phone. Be friendly and be honest. Just tell them you cannot afford the payments and if they can't work out an arrangement with you you will have to default. Tell them that rolling over the loan will NOT help you.