Question:
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.
Answer:
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.
Just appeal in court.
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.
More Related Questions & Answers...
Cash Advance: How much will it cost me?
If I put my rental bond onto a credit card, is it a cash advance, or a purchase?
Inheritance cash advance?
Where does "sub" referrnig to a loan or advance of cash come from?
Does anyone know where to get a personal loan if you have bad credit? Not a cash advance establishment?
Cash advance?
Are there any business in Georgia that offers Pay Day cash advances?
What would happen if you maxed out a credit card then used a cash advance check from that credit card?
Any suggestions for a quick cash advance?
If a medical expense is paid with a cash advance can I deduct the fees and interest?