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I am not sure what my next step is with Payday One which is now Rise Credit. In SC they are a licensed supervised lender, which basically is a way around the payday loan laws. They are not bond by the interest rate cap or the money lent out cap. I have emailed them several times. I have gave them my best settlement. I basically gave two options. One was to consider my account PID since over the past 3 years I have paid over $5000 in interest. The other option was to pay them a monthly sum over the next 5 years which would pay for my last loan minus any interest. I explained my finance honestly and explained that was the best I could do. It has been almost 2 weeks since I sent the email. I resent it a week ago. All I have received from them is late on my payment email for not making a payment in July.

Anyone have any advice on what my next step is?

did you contact the corporate office? They will work with you

Sub: #1 posted on Wed, 08/07/2013 - 22:58

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

I am not sure. I have sent emails to and where you can send a message on their website. When I send an email to the message can not be delivered.

Sub: #2 posted on Thu, 08/08/2013 - 06:59

TiminSc TiminSc

(Posts: 13 | Credits: 2.62)

Unfortunately, the emails never worked for me. I did have to finally call them and speak with someone in account services once I revoked the ACH and the payment was late (and after the repeatedly called my work). I know that's not advised, but I kept very detailed notes and wrote down names of whom I spoke with.

In my case, I was able to get them to agree to a settlement of just my principal ($1,350) over 2 payments. Had to make a "good faith" payment within 3 days of the offer and then have to pay the remainder by August 30th.

I was then told it would be settled, but if I wished to use their services again I would have to pay the the remaining interest/fees (about $360) first before they could re-loan to me.

Sub: #3 posted on Thu, 08/08/2013 - 21:26

michaeldhetrick michaeldhetrick

(Posts: 64 | Credits: 9.1)

You may have to call them and ask for their corporate office phone number.

Sub: #4 posted on Thu, 08/08/2013 - 23:31

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

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