Comments on: I Might Get My Car Repossessed By LoanMart the Title Loan People. – Cynthia http://getoutofdebt.org/8098/i-might-get-my-car-repossessed-by-loanmart-the-title-loan-people-cynthia Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Mon, 13 Feb 2012 01:25:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MIchelle http://getoutofdebt.org/8098/i-might-get-my-car-repossessed-by-loanmart-the-title-loan-people-cynthia#comment-20596 MIchelle Tue, 30 Mar 2010 02:12:33 +0000 http://getoutofdebt.org/?p=8098#comment-20596 This is definitely a scary situation for anyone. A payday loan is in itself something that everybody should try to avoid from getting. But in this situation this seems to be the only option she has. Right now, the main goal would be not to lose the car, because this will in turn just create bigger problems for her. Isn't it possible to probably negotiate with loanmart authorities, perhaps talk about a more flexible term for her? She obviously is willing to pay whatever she owes. .-= MIchelle´s last blog ..<a href="http://merchantadvancefinancing.com/merchant-advance/business-working-capital" rel="nofollow">Business Working Capital For Purchase Of Medical Equipment</a> =-. This is definitely a scary situation for anyone. A payday loan is in itself something that everybody should try to avoid from getting. But in this situation this seems to be the only option she has. Right now, the main goal would be not to lose the car, because this will in turn just create bigger problems for her.

Isn’t it possible to probably negotiate with loanmart authorities, perhaps talk about a more flexible term for her? She obviously is willing to pay whatever she owes.
.-= MIchelle´s last blog ..Business Working Capital For Purchase Of Medical Equipment =-.

]]> By: Steve Rhode http://getoutofdebt.org/8098/i-might-get-my-car-repossessed-by-loanmart-the-title-loan-people-cynthia#comment-16508 Steve Rhode Mon, 09 Nov 2009 00:44:24 +0000 http://getoutofdebt.org/?p=8098#comment-16508 Marlee, That's an option. But isn't a $100 payday finance charge to get her paid for car back cheaper than a new auto payment or an older and possibly less reliable car? I realize that going to a payday lender seems counterintuitive but there are a few situations that it can make sense. As ironic as it sounds, a payday lender is cheaper than a Main Street bank for things like overdrafts and bounced check charges. There are some times they can be used not only to your advantage but cheaper than more mainstream solutions. Steve Marlee,

That’s an option. But isn’t a $100 payday finance charge to get her paid for car back cheaper than a new auto payment or an older and possibly less reliable car?

I realize that going to a payday lender seems counterintuitive but there are a few situations that it can make sense. As ironic as it sounds, a payday lender is cheaper than a Main Street bank for things like overdrafts and bounced check charges. There are some times they can be used not only to your advantage but cheaper than more mainstream solutions.

Steve

]]> By: marlee http://getoutofdebt.org/8098/i-might-get-my-car-repossessed-by-loanmart-the-title-loan-people-cynthia#comment-16506 marlee Sun, 08 Nov 2009 20:19:53 +0000 http://getoutofdebt.org/?p=8098#comment-16506 First I do not think you should advice her to get a payday loan to pay her title loan. That is peter borrowing from paul. what she should do is see if she can sell her car without the title and pay all the money back to the title loan people and get her title back and sign it over to the people she sold the car to, and with the rest of the money find a car company that will take a low downpayment on another vehicle. First I do not think you should advice her to get a payday loan to pay her title loan. That is peter borrowing from paul. what she should do is see if she can sell her car without the title and pay all the money back to the title loan people and get her title back and sign it over to the people she sold the car to, and with the rest of the money find a car company that will take a low downpayment on another vehicle.

]]> By: Kenneth Elliott http://getoutofdebt.org/8098/i-might-get-my-car-repossessed-by-loanmart-the-title-loan-people-cynthia#comment-16063 Kenneth Elliott Tue, 20 Oct 2009 01:12:30 +0000 http://getoutofdebt.org/?p=8098#comment-16063 Wow, this story is painful to hear. But, a payday loan sounds like the only option that she has. Unless, she has something of value that she may be able to pawn. That may be another option. .-= Kenneth Elliott´s last blog ..<a href="http://www.samedaypaydayloansonline.com/quick-payday-loan.php" rel="nofollow">Quick Payday Loan</a> =-. Wow, this story is painful to hear. But, a payday loan sounds like the only option that she has. Unless, she has something of value that she may be able to pawn. That may be another option.
.-= Kenneth Elliott´s last blog ..Quick Payday Loan =-.

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