I got a loan from cash in advance a few months ago and since lost my job.(see more.)?
Monday, October 27th, 2008 at 3:47 am
Looking For Cash Day Advance Loan Reports
I called them and told them that i was beginning a new job and i would be in in 2 weeks to pay them off. Now i have received a letter from the bank stating that i owe them 285.00 for insufficiant funds because they have tried 9 times to get the money out of my bank. So I called cash in advance back and asked them what was going on that i thought that we had an aggreement, but they said in addition now I owe them 285.00 in fees I only owe them 130.00 for the loan but now i am in dept almost 800.00 what can i do or where can i go for help. i am a single mother of 2 and don’t have that kind of money. please if anyone out there has a solution to my problem please tell me.
Filed in: How To Ask For A Cash Advance
October 27th, 2008 at 9:02 pm
Just appeal in court.
October 28th, 2008 at 8:36 pm
There is really nothing you can do, in Georgia, they had a news program on about the cash in advance loans, it is a legal ripoff and there is little you can do once you sign the contract.
October 31st, 2008 at 4:25 am
First, don’t pay them. Make sure that your rent and utilities are paid, and that there’s food on the table. Second, Let them sue you for the money. It will cost them more than 800 bucks to do this, so they won’t pursue it. It will ding your credit however. If eventually, you can pay them, try to get them to agree to a settlement for some percentage of the balance.