default on pdl
Date: Wed, 06/02/2010 - 21:50
can u ask for EPP if u default on pdl?
Quote:Originally Posted by Anonymouscan u ask for EPP if u defau
Quote:
Originally Posted by Anonymous can u ask for EPP if u default on pdl? |
You need to contact the lender in person for EPP before defaulting on the loan.
EPP works only for the storefront lenders, who are members of CFSA.
Once you default on your payday loan, the pdl lender can initiate collection activities against you and may even sue you to recover the debt, as storefront lenders are often legal in their operation.
Quote:Originally Posted by ShazzersRead about the EPP at the lin
Quote:
Originally Posted by Shazzers Read about the EPP at the link below: http://www.cfsa.net/public_education_campaign/guidelines/guidelines_extended_payment_plans.html |