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Author Topic: What about payday loans?  (Read 2361 times)
cyberfriend
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« on: October 23, 2008, 10:35:11 PM »

I  have three payday loans out and i am trying to pay them off but every time the payments hit my checking account the money makes my account to be over drawn wht can i do i make good money but i have been screwed up for the past month.
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Mo Cheng
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« Reply #1 on: October 25, 2008, 12:43:24 PM »

you just going to have to pay down the principle of the loan one way or another. If you are completely maxed out (if the loans you are getting are taking the rest of your disposable income), either get a temporary job of some sort, or let the loans go into default - talk to your lender about your options to pay off the entire loan.
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Chec King
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« Reply #2 on: October 25, 2008, 04:11:58 PM »

If the lenders are part of the CFSA, they are required to offer an Extended Payment Plan to you as long as your loan is not past due.  Call them to ask about the membership or go to the CFSA wesite to check thier affiliation.
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