Check N Go

Date: Thu, 06/10/2010 - 11:31

Submitted by yvonnes73
on Thu, 06/10/2010 - 11:31

Posts: 8 Credits: [Donate]

Total Replies: 3

I have an internet PDL with Check n Go. It is for $1000. I live in Texas. I have paid the finance charge once. My next payment is scheduled for next week, but I won't have the money. Can I just revoke the ACH payment, send them a letter and set up payment arrangements? No, I have not defaulted yet. I plan to pay this off at the end of August, but I am having some serious financial setbacks right now. What do I do?

Just ask them for the extended payment plan, you can pay off the

Just ask them for the extended payment plan, you can pay off the loan in four separate payments, and the interest stops as soon as you sign up for it, they are members of the CFSA (Community Financial Services Association of America), read the link below, it explains how the EPP works:
http://www.cfsa.net/public_education_campaign/guidelines/guidelines_extended_payment_plans.html

lrhall41

Submitted by Shazzers on Thu, 06/10/2010 - 13:14

( Posts: 17344 | Credits: )

[QUOTE=Shazzers;709225]Just ask them for the extended payment pl

[QUOTE=Shazzers;709225]Just ask them for the extended payment plan, you can pay off the loan in four separate payments, and the interest stops as soon as you sign up for it, they are members of the CFSA (Community Financial Services Association of America), read the link below, it explains how the EPP works:
http://www.cfsa.net/public_education_campaign/guidelines/guidelines_extended_payment_plans.html[/QUOTE]
Are the four separate payments monthly payments or every two weeks? It looks like the four payments is the only option. Is stretching it to about 6 payment an option?
Thanks for the help.

lrhall41

Submitted by yvonnes73 on Thu, 06/10/2010 - 19:51

( Posts: 8 | Credits: )

Quote:Originally Posted by yvonnes73Are the four separate paymen

Quote:

Originally Posted by yvonnes73

Are the four separate payments monthly payments or every two weeks? It looks like the four payments is the only option. Is stretching it to about 6 payment an option?
Thanks for the help.

You would need to speak to the lender, I highly doubt they will go any more than 4 payments.

lrhall41

Submitted by Shazzers on Thu, 06/10/2010 - 20:19

( Posts: 17344 | Credits: )