Concerning pay day loans, I have never defaulted before, but cannot afford to keep rewriting. When I contacted one of them to make arrangements to pay it off, they said I had 7 days to pay or they would take civil action against me for a bad check. I will have the amount in three weeks. The agreements states that only an arbitrator would be used, no jury trial. Can you explain that, and do y...
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I live in Massachusetts and have taken out payday loans and paid them back. Then took them out again but now I'm in trouble have 8 payday loans. Can't pay them back. Massachusetts law does not allow any type of payday loans and yet they gave them to me. Did they break the law by giving me a payday loan? I only get Social Security disability. Can they touch that?
I have a car I pay $600 per month. If I buy another car with $300 payments and walk away from the $600 one what will it do to my credit?
I have an auto loan as the beginning of April 2008 and put $3,000 as a DP. I had a job when I got the loan and lost it a week after and was laid off from the one previous and I am collecting unemployment presently. My question is can the bank rescind the auto loan because I am unemployed? I can afford the payments even though I am unemployed.
I am in credit counseling with a DMP. I am having trouble getting an auto loan but have never in my life been late on a payment and have a credit score of 710. What are some options.