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Check n Go 3rd party collections

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I took a $600 loan from a check n go store front. I made a $125 payment and defaulted. I contacted the store and they said it will be sent to check n go collections, that was 4 days ago. I contacted check n go collections on my own to set up an arraignment this morning and they said I had to pay $172 now, which I don't have but I will in 10 days. They said that's too late and my account will be transferred to a third party collections. They won't tell me any more info. I'm trying to be proactive and pay but they won't help. Is this normal? Should I worry about the 3rd party collections? I want to pay but I need a couple weeks. Please help me on what to do next.




So I decided to call Check n Go's corporate office and they said if I made a small payment today $50 I could pay $163.45 on the 26th and my account would be paid in full. It's not even the whole principle, I didn't even asked to settle. I asked if it would be on my credit report she said no, you'll receive a pif letter. Anyone settle with Check n Go like this? I found it odd it was so easy.

Sub: #1 posted on Tue, 09/17/2013 - 03:26

Mitch Mitch

(Posts: 70 | Credits: 8.71)

I was going to suggest calling the corp office - they are the only ones that can really offer any type of settlement. I am a little surprised they offered to only have you pay $213.45 - since you had only paid $125 towards the loan.. $338.45 total.. Make sure you get a PIF letter from them, I would also call them back and have them send you this agreement in writing via email!! Also, I would make sure my bank account is secure - when did you default? They can still try to run against your account.. I would close account immediately - compromised and open a new one not linked in any way... or at least put old account on hard block deposit only..

Sub: #2 posted on Tue, 09/17/2013 - 06:37

HelpinAZ HelpinAZ
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(Posts: 1873 | Credits: 288.1)

I defaulted 30 days ago thru a store front. It just got to their collections 4 days ago. My bank account is closed and I switched banks so that is not an issue. I originally called the collections dept and they would do nothing to help. Said it was going to a 3rd party collections. Then I reviewed some posts on this website and called the corporate office. It just seems weird they settled so fast and for so little. I will definitely call and ask for it in writing and she did say they would send me a pif and I'll make sure to get that. But I just feel like its odd they are settling for so little.

Sub: #3 posted on Tue, 09/17/2013 - 09:03

Mitch Mitch

(Posts: 70 | Credits: 8.71)

I agree it does seem odd! Keep us posted - you need to get them to send you the settlement offer in writing.. if not it is your word against theirs - you do have the name of the person you were speaking with?

Sub: #4 posted on Tue, 09/17/2013 - 18:34

HelpinAZ HelpinAZ
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(Posts: 1873 | Credits: 288.1)

Yes I did get her name. And I'm planning to call tomorrow. I work midnights so its hard for me to make phone calls during normal business hours. I will definitely keep you updated! Thanks!

Sub: #5 posted on Wed, 09/18/2013 - 01:59

Mitch Mitch

(Posts: 70 | Credits: 8.71)

So I called check n go corporate offices again and asked for the settlement in writing and they said they don't do that anymore. Which I don't believe. But she did say they have me down for 1 payment of $163.45 and I will receive a pif. Just don't know if they are messing with me or this is a true settlement. I owe more than the 163.45 so I'm just confused on what I should do...just wait and see?

Sub: #6 posted on Thu, 09/19/2013 - 06:20

Mitch Mitch

(Posts: 70 | Credits: 8.71)

Well you know you owe more than that, if you can swing the one payment of $163.45, I would do it over the phone with them if can on a prepaid debit card and then see if they will send the PIF immediately. Keep us posted..

Sub: #7 posted on Thu, 09/19/2013 - 07:21

HelpinAZ HelpinAZ
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(Posts: 1873 | Credits: 288.1)

Well I paid my $163.45 and I got a pif letter! Anyone dealing with Check n Go call their corporate collections and you'll get a settlement offer. I paid $288.45 on a $600 loan! Yay!

Sub: #8 posted on Fri, 09/27/2013 - 06:32

Mitch Mitch

(Posts: 70 | Credits: 8.71)

Great News!! Glad they worked so well with you...

Sub: #9 posted on Fri, 09/27/2013 - 16:39

HelpinAZ HelpinAZ
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(Posts: 1873 | Credits: 288.1)

Congratulations on your PIF!

Sub: #10 posted on Fri, 09/27/2013 - 17:41

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

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