Payday Loans Nightmare
Date: Thu, 01/31/2013 - 10:53
I am presently going through payday loan hell. I have five payday loans totaling $2500 (principal) or $4000 (with interest). It's been hard to get in contact with the collection departments. When I notify the store reps that I can nolonger make the payments they attempt to make arrangements where they only reduce a payment here and there. They tell me that they cannot put me in contact with the collection department until I am in default. All of the loans are storefronts and legal in Colorado. What steps do I need to take to get payments that would allow me to eat and survive? I am only seeking additional time to pay and in no way am I seeking to abandon my obligations. A few of the loans have went to collections. Below are my loans. Any assistance will be greatly appreciated. This is great website.
Moneytree $500
Cash America $500
Mister Money $500
Checkmate $500
Payday Now $500
Moneytree $500
Cash America $500
Mister Money $500
Checkmate $500
Payday Now $500
Ask if any of these PDL's
Ask if any of these PDL's offer Extended Payment Plans and do it if they do. This is where they divide your loan balance into equal payments and is something I have used in the past.