yeah back in january... i took out 4 for 200 bones... they charged me 60 bucks on each.... i am getting rid of these... worst mistake I ever made... i don't think these payday people will come after me if these things bounce... i figure it would be easier for me to have them bounce and just pay them off within the month.. then them taking out 60 bucks...
Journeyman said:
In my past I've owed banks money, two different ones to be exact. Neither have come after me for anything. I would not suggest doing this on purpose, but if the situation arises I would not get in a big worry over it. But you may be right about it depending on the bank, maybe I was just lucky with my two banks.
They will charge you interest for every two weeks you don't pay them. They will also call every reference you gave them every day until you pay them. Just call them and let them know you are changing banks. They will give you other ways to pay them or you can just pay the interest. If not paid they will actually report them to a collection agency and report them to the credit bureaus.
gutter, what you are saying isnt even making sense....You say you have the money to cover the nsf fees on each....well at most banks, the nsf fees are 30.00 each now....if u have 120.00 in there, then u can take care of 2 of them, so do that.....notify the other 2, that you are changing banks, and will need just until you get your first check to pay on them...
Alot of these places will let you roll the checks over, or just pay the interest, for at least 3 payments, then you have to pay off balance....but letting them all 4 bounce, is only gonna get you in the hole further, as you will be losing 120.00 or more, FOR NOTHING....at least if you pay on 2 of them, you will only have 2 nsf charges, and 2 places wont be so upset.....they are much more willing to work with you, if YOU CONTACT THEM, rather than them having to come LOOK FOR YOU...
And yes, BANKS WILL take you to court....i still get letters addressed to my dad, from old national bank, over some 180.00, and he has been dead for 5 years...letters from a lawyer's office...I have told them he is dead, they still think he might pay though......
And these check places are worse than the banks, they can sue and get "triple" the face value of the check, and they will.......
Pay what you can, and talk to them, work with them.....before its too late, buddy..
Alot of these places will let you roll the checks over, or just pay the interest, for at least 3 payments, then you have to pay off balance....but letting them all 4 bounce, is only gonna get you in the hole further, as you will be losing 120.00 or more, FOR NOTHING....at least if you pay on 2 of them, you will only have 2 nsf charges, and 2 places wont be so upset.....they are much more willing to work with you, if YOU CONTACT THEM, rather than them having to come LOOK FOR YOU...
And yes, BANKS WILL take you to court....i still get letters addressed to my dad, from old national bank, over some 180.00, and he has been dead for 5 years...letters from a lawyer's office...I have told them he is dead, they still think he might pay though......
And these check places are worse than the banks, they can sue and get "triple" the face value of the check, and they will.......
Pay what you can, and talk to them, work with them.....before its too late, buddy..
honestly you know what killed me was online blackjack.... once i quit playing it.... that is where my bankroll went.... then i got involved with those crappy payday loan... also i missed work by having hernia surgery,,,, so my paychecks were small... i am switching my bank account also,,, I will pay these stupid loans off eventually,, they are only 200 plus 60 then 25 for the nsf charge.... They will work with me... I advise 2 things for everybody.... 1 stay away from online blackjack.... 2 never get a payday loan....
