Payday Loan question with a store front check n go....
Date: Sun, 05/20/2007 - 05:02
Submitted by Lukeskywalker
on
Sun, 05/20/2007 - 05:02
Total Replies: 4
5/20/07
Any one out there been in this situation?
Defaulted a loan with check n go and asked for a repayment plan. She said write 10 post dated checks for this so called repayment plan which ends up to be a an "installment plan:. that is how they get around the law by useing words. Now it is in way default and i have been stop payment on 4 of the checks with 6 to go. Not sure still what to do. I sent copies of everything to the State Banking Financial Institutions in Chicago and all they said, was yep, you owe them. no da. no help at all. I did send to check n go a "wage assisngment revoke notice, and donot electronicaly debit my checking account (which i only have .25 in there, cause i reopend another and may shut the old one down soon if not illegal). Also sent them a repayment plan and sent it all certified mail with a return reciept which they got about a week ago and no answer. so i am sure they are up to something.
Well, that is my story with one store front pay day loan, have 2 other store fronts in default also. I do have Town and Country Associates sending me somehting that may combine all three if the store fronts except. What a mess and glad i am in this boat with all of you.
Any more advise, help, etc will be most appreciated.
Any one out there been in this situation?
Defaulted a loan with check n go and asked for a repayment plan. She said write 10 post dated checks for this so called repayment plan which ends up to be a an "installment plan:. that is how they get around the law by useing words. Now it is in way default and i have been stop payment on 4 of the checks with 6 to go. Not sure still what to do. I sent copies of everything to the State Banking Financial Institutions in Chicago and all they said, was yep, you owe them. no da. no help at all. I did send to check n go a "wage assisngment revoke notice, and donot electronicaly debit my checking account (which i only have .25 in there, cause i reopend another and may shut the old one down soon if not illegal). Also sent them a repayment plan and sent it all certified mail with a return reciept which they got about a week ago and no answer. so i am sure they are up to something.
Well, that is my story with one store front pay day loan, have 2 other store fronts in default also. I do have Town and Country Associates sending me somehting that may combine all three if the store fronts except. What a mess and glad i am in this boat with all of you.
Any more advise, help, etc will be most appreciated.
I defaulted on Checksmart once...but my mom gave me the money to
I defaulted on Checksmart once...but my mom gave me the money to pay it back(well actually she gave me grocery money and I used it to cover my bounced check with them because I knew they could sue me) Why did you put stop payments on the checks? They are a storefront lender so they do operate within the law...
can someone, moderator, please delete my name from the post abov
can someone, moderator, please delete my name from the post above asap.
thanks,
luke
im so amazed, I just love it here, so at home, thanks suebee.
im so amazed, I just love it here, so at home, thanks suebee.
luke
