Share post
Share
Debt Consolidation Forums Payday Loan help forums

Elastic loan

Date: Thu, 05/18/2017 08:51
member profile picture
Posts: 2
Credits: 0
[Donate]

I have a loan with elastic.com. The balance is $2,600 and my payments are $250 bi-monthly. It's killing me financially. I'm getting behind on everything, including my mortgage trying to keep up with paying this loan. I can't do it anymore and I don't know what to do.
I live in Texas.
Any suggestions would be greatly appreciated!!
Thanks




As per my knowledge, it is not a payday loan. It may be an installment loan. However, read this thread, you may get some help.

https://forums.debtcc.com/paydayloan/elastic-installmentloan.html
Or, if you are going through a bad financial phase, then talk to a counselor to get the best solution.

Sub: #1 posted on Fri, 05/19/2017 - 05:10

sanderspatricia29 sanderspatricia29

(Posts: 850 | Credits: )

If you are not sure about the loan, consult a professional to deal with it.

Sub: #2 posted on Fri, 05/19/2017 - 07:02

Good Nelly Good Nelly
Industry Expert
(Posts: 2684 | Credits: )

I contacted MMI, spent an hour on the phone and was told to file bankruptcy. I'm not filing bankruptcy over this stupid loan.

What kind of professional should I contact?

Thanks

Sub: #3 posted on Fri, 05/19/2017 - 08:34

Tom Bush Tom Bush

(Posts: 2 | Credits: )

They must be mad. Why would you file bankruptcy to pay off this loan? Do one thing. Close your account and send an email to inform them that you're in financial hardship. Ask for a better payment plan.

If they're charging a very high interest rate, then they are breaking the law.

Sub: #4 posted on Mon, 05/22/2017 - 01:13

ditchdebt ditchdebt

(Posts: 678 | Credits: )

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.


DebtConsolidationCare (IAPDA member)
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.761 seconds.