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Rapid Cash and Check City - Las Vegas

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I have an installment loan with Rapid Cash and another installment loan with Check City.
I am in the middle of a bad divorce and can't afford the monthly payments anymore. I called them to try to set up a repayment plan, but they told me they can't do a repayment plan until the whole loan goes into default. So far I have only one payment in default but by the time the whole loan goes into default it will be double the amount owed.

Can I send an ACH revocation to them and my bank even though they are legal lenders? What can I do???

Please help, I am desperate.

Mirna




You can send a ACH revocation letter to the bank or put the account into the deposit only status. Once you default on the loans, try to arrange a repayment plan with them.

Your credit score will drop if you default on the legal loans.

Sub: #1 posted on Wed, 02/19/2014 - 21:19

ditchdebt ditchdebt

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