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Installment Loan in California



tiredandfedup

Posts: 2
Credits: 287.4
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Sub: Installment Loan in California
Tue, 26/07/2011 05:04

My daughter, who lives in California, took out an installment loan with Check n Go. The original amount was $2600. She has been paying on it for months at almost $300. every two weeks. She has paid well over the original amount plus interest, but she was told that because it was an Installment Loan, she has no recourse but to keep making the payments every two weeks since she can not pay it in full. Is this correct? Anyone got any ideas or solutions?



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Debt Samaritan
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Sub: #1 She signed a prom note outlining the terms and interest. Has shTue, 07/26/2011 - 05:04



She signed a prom note outlining the terms and interest. Has she re-read that lately??

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tiredandfedup
tiredandfedup
Posts: 2
Credits: 287.4

Sub: #2 Good AdviceMon, 07/25/2011 - 22:30



Thank you very much! That sounds like good advice.


good.nelly
good.nelly


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Sub: #3 I think it is best to contact California Department of CorporatiSun, 07/24/2011 - 22:46



I think it is best to contact California Department of Corporations regarding this matter. They can give her the best advice.


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