Finance Companies
Date: Sun, 07/30/2006 - 15:10
I applied to CCCS of Texas, through Credit Advisors.org, but they said they don't handle those type of loans. I applied to debt reduction Services and after signing on here was contacted by Coleman Law Offices. I have yet to reply back to either because I'm scared of losing even more money. Any advice or experience with finance companies or the two debt companies would be appreciated. :)
BlueAngel, Are these finance companies like pawn shops? Wa
BlueAngel,
Are these finance companies like pawn shops?
Was there paperwork involved in the transactions? Are these licensed businesses? You may have a hard time finding a debt consolidation company that will deal with these types of loans.
No, they are not pawn shops, they're personal loans. You have to
No, they are not pawn shops, they're personal loans. You have to list personal property (but retain it, unless you default), so I guess that is a secured-type loan? I believe they are licensed, and there is paperwork involved. But there is paperwork involved in a payday loan too. I know that it is not quite the same. If you fall behind in these type loans (finance), they push you to renew, so it can be a vicious cycle. I truly want to pay what I owe, but I pay out so much money to these companies I'm left scrambling every week to pay for utilities and even food!
I guess it's ironic that while I'm not currently having problems with payday loans like some others on here, those type loans are the reason I got so into debt with the finance companies in the first place, because I had to come up with the interest money so they wouldn't deposit my checks! I'm at my wits end.
HMMMM..Maybe a company that deals with payday loans, like T&C, w
HMMMM..Maybe a company that deals with payday loans, like T&C, would also work with these type of loans.