Help
Date: Tue, 01/18/2011 - 17:05
Ok my question is about a payday loan I took out for $600 and have already paid $507 in interest I live in Illinois and the co is cash direct express, I got behind after trying to work a payment arrangement after loosing my job they wouldn't budge so I ended stopping all transaction with them thru my bank now I'm in collections with them which is alliance assets and they are telling me I owe $746 someone please help with this what can I do thanks, Amy
I guess the payday loan company has charged off your account to
I guess the payday loan company has charged off your account to the collection agency who have added fees are other charges with it which has increased the amount that you owe them. You can try and consolidate your dues with the collection agency so that you don't have to pay the late charges and other fees. If you're unable to negotiate with the collection agency on your own, then you should contact any local debt relief company and take their help in doing so.