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I live in Ohio and took out an installment loan with check n go online. Took out 3000 and by the time all the fees are added and the loan origination fee, I will pay over 7000 in about 8 months time. They deduct about half of each of my paychecks and I'm really struggling to stay afloat. I've called them to ask to adjust the payment amount and to deduct at different interval but still pay the loan off in full at the specified time. They tell me can't change the terms of the loan. Is there anything I can do? I've already almost paid off the principal amount in just 5 payments but haven't paid off the loan origination fee.




Check n Go is not a direct payday lender in Ohio. It basically operates as a CSO in that state. You can try for EPP. However, if they tell you that they can't change the terms of the loan, then you don't have any option.

Sub: #1 posted on Tue, 01/21/2014 - 09:46

ditchdebt ditchdebt

(Posts: 577 | Credits: 243.94)

Check n go is a licensed lender. You are liable to pay them both the principal and interest. You may try to negotiate with your lender and set up a payment arrangement with them. If they don’t agree to accept any offer or arrangement, then try to get help from your friends and family members.

Sub: #2 posted on Tue, 01/21/2014 - 15:24

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