Check n Go Installment Loan

Since they are backed by a bank federal law allows them to import the rates from the banks home state of Deleware.

I took out such a loan in a store front in Il from check n go. I asked for a repayment plan and I was made to write 10 post dated checks, do not know how any of this will end, it has been such a long time now.

That doesn't even seem right, I worked out payment agreements with my store front pdl's where I send in a money order every month on an agreed upon amount...giving them post-dated checks kind of defeats the purpose doesn't it?

Were you comfortable doing this or did you feel like you had no other choice? Just curious.


ladybug

this is a check n go storefront. I did not have a choice. the original loan was in default, I asked for a repayment plan, they lied, I got the rotten end. They are going down in other states.

I am sorry you got the SHAFT...that really sucks, oh well they better not share your information with any of the other pdl's. I can't remember did you open a new account or not?

ladybug

Hi Luke. It doesn't seem right that they made you write post-dated checks. Are they honoring the checks or are they trying to send them through before time?

I have never heard of doing ten post dated checks, I know when they originally started to lend they used to do the four check thing, but I have never heard of ten, that's a little crazy.

I did send my contract with them to my states AG and the AG said that they would contact check n go on my behalf and see what was going on. Its been over a month and I have not heard from anyone.

Did they put any of the checks through before they were supposed to?

That is strange.

Aren't post-dated checks illegal?

ladybug

I'm not sure about them being illegal, but I think it is illegal to put them through before their date.

No, but I had to stop payment on them before they where due (4 out of 10). I have many post(s) about this from the last 4 months. Now it is with the states AG and Check n go. Im waiting for a reply.


thanks

This was common practice for them when they had their storefront in pennsylvania, you would have to write out 4 seperate checks.

I want to drive by the store front to see if they are still in business, I hope they went out of bussiness, maybe today Ill check.

luke, ride by! Shoot, I would have already done that! With luck, you'll see that the doors are shut, they're gone, and it's dark! Then you can post and we can all party down! :D

I just might do that today, just for the heck of it, and if it is closed I will let you know.


thanks cannr,
Luke

Well, I just got back from a drive by of that place, and, dang it, they are still in bussiness. Oh well, someday soon I hope they all will fall to their knees and beg forgivness and then close. Ill have a party here for everyone.


Luke

They're still open? What in the world happened to all those checks you gave them then? Oh, this is so confusing! It's like a mystery. Shoot. I was hoping for you to ride by and see an empty building!

me too cannr, i do not know what happened to the checks they have 10 total and 4 of those 10 I stopped payment on. My bank is closed now, and I have not heard a thing from check n go, but I still am waiting on my states AG to say something to me, cuase the last thing they wrote was that I am to wait to hear from check n go since they contaceted them on my behalf. I will wait and see.


luke

You live close enough to do a drive by, LOL. They shut them all down here in Pa, at least all the ones around here.

this state, and where I live is some of the most poorest people in the nation. This area has them everywhere, they are more of them than they almost anything else, it is sicking.

luke, good. I'm glad to hear that your AG has contacted them. Here in my state, they give the company 30 days to respond (which most of them don't respond!), then they'll send a second notice to them. I don't have a clue as to what happens if they don't hear from the company after the 2nd attempt. Some of mine are on their "second letter" from the AG now. Don't know what's going on! LOL! :lol:

its been a week over a month, so I think I will send my AG a letter asking what is going on or what should I do know.

Mystery checks??? How on Earth can we find out what happened to them...this is strange...and so unlike them to hold them for this long...unless they are holding because of the letter from the AG??

to me the checks are useless to them. They cant cash them, what can they do with them but send them back to me or shreed them. That bank account is gone and not by my hand.

You know, luke. You could call them. I got my responses from the AG in the mail stating the company hadn't responded and they contacted them a second time & included a copy of the second letter. Maybe that's what's going on with you and you just haven't received your letters in the mail yet. The stupid pdl probably never responded to the AG. If you're up for it, give them a call. It makes me "nervous" with those checks out somewhere in "la-la" land!

I never got a letter from the check n go like my AG said that I would. I think I will send a letter to my AG with a copy of there letter saying how they are going to help me in the first place and maybe they can recontact this check n go and get something done for me. Thanks cannr for being there, thats nice.


thanks,
luke

Hmmmmm.....the checking account is closed. Maybe they did attempt to cash those checks and they didn't go through & they never contacted you. Oh well. :lol: But I like your idea of writing the AG again. Just to "follow up" and obtain more documentation! You know how we like documentation! :D

oh yes, it helps to keep us safe.