Skip to main content

Debtconsolidationcare.com - the USA consumer forum

payday loans

Date: Fri, 09/02/2005 - 11:44

Submitted by anonymous
on Fri, 09/02/2005 - 11:44

Posts: 202330 Credits: [Donate]

Total Replies: 4

payday loans


I had taken out a loan in 2003 from cashnet for $200 I paid it off, then I took out a second load for $250 I made 1 payment then I lost my job I made just the min payment, I told themthat I lost my jobs they said that they would wait a while for me to start back working before they start processing payments from my account but they never stopped they just kept on hitting my account for payments, but with no money in my account I kept getting overdrafts because 2 or 3 times a week they would do this. finally I closed out my banking account and paid the bank almost $600 in overdraft charges. now the company has some other company calling me saying I owe $7000 and that they would garnish my check, they will have some commissioner in california sign off on this later.
Please let me know what I can do if anything.


Hi SDR,

Welcome to the forums. I believe that since you have taken a loan from your creditors and were not able to pay them back in the right time, it has resulted in a huge debt. Since the loan amount has been added with all the financial charges and the late fees, you can negotiate for a better payment plan.

You can take the expert advice of the consultant who will be negotiating with your creditors to reduce all the financial charges and the late fees. He will be able to arrange a better payment plan according to your present situation and thus you will be able to clear this debt without panic.

The consultant will be choose your best available options so that your repayment process becomes easier and improve your credit file.

Regards
Roxette


lrhall41

Submitted by roxette on Fri, 09/02/2005 - 11:57

( Posts: 4009 | Credits: )


i currently have dealing with amscot for 2 weeks i mean its cool and eveything like that i just hope i dont fall off track like i did this one payday loan place called cash america cause i know that back then the pay drop and then they deducted money out of my account but i will make sure this time i dont make that mistake


lrhall41

Submitted by chmartinbaby06 on Sun, 09/04/2005 - 19:32

( Posts: 381 | Credits: )