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Help with default

Date: Wed, 06/02/2010 - 18:12

Submitted by anonymous
on Wed, 06/02/2010 - 18:12

Posts: 202330 Credits: [Donate]

Total Replies: 3


I am in California and have 5 loans at $300 each

They are with the following:

Storefront-

Money Tree

Dollar Smart

Internet-

Checkcity.com

Checkngo.com

Paydayone.com

I have paid interest on all of these for monthe, some years, and I need to get out from under them.

What should I do.

BTW, I was going to register but couldn't find where to do it -jason


Your payday loan laws are at the link below:
paydayloaninfo.org/stateinfo/CA.asp
Internet Payday lenders are required to be licensed in your state, you can check that at the link below:
http://www.corp.ca.gov/FSD/licensees/default.asp
I've already checked and all of your lenders are licensed, I have a few suggestions in a moment, I need to do more research.


lrhall41

Submitted by Shazzers on Wed, 06/02/2010 - 18:52

( Posts: 17344 | Credits: )


Some of your lenders are members of the CFSA (Community Financial Services Association of America), see the link below:
http://www.cfsa.net/MemberList.aspx
Some of the others may also be members, but you will need to call them and ask, for if they are, you would be eligible for an extended payment plan, click the link below to read about the EPP:
http://www.cfsa.net/public_education_campaign/guidelines/guidelines_extended_payment_plans.html
Click the link below to read how members are required to give you the EPP if you request it, because there are some lenders who are reluctant, so make sure you know the requirements so you will be armed with information:
http://www.cfsa.net/best_practices.html


lrhall41

Submitted by Shazzers on Wed, 06/02/2010 - 18:56

( Posts: 17344 | Credits: )