The Payday Loan Forum - Industry Development Through Community Out Reach
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The Payday Loan Forum - Industry Development Through Community Out Reach
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Payday Loan Legislation
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GRodriguez
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What about payday loans?
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Topic: What about payday loans? (Read 2360 times)
cyberfriend
Newbie
Posts: 4
What about payday loans?
«
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
Administrator
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Posts: 114
Re: What about payday loans?
«
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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Mo Cheng@Synaptic Database
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Chec King
Global Moderator
Newbie
Posts: 27
Re: What about payday loans?
«
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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