We get very upset when we read something like the following headline: “Payday Loan Court Summons Almost Destroys Family” in a newspaper or news source.
We have been working really hard to get the word out that there is really nothing to fear when dealing with out of control debt of this type.
It is all manageable and can be dealt with in a short period of time and with ease if you know what you are doing.
When a person gets a notice of a hearing that involves them it is natural to think the worst and that is exactly what happened to a young family a short while back.
Before we start let us point out that shutting down the collectors and establishing a working relationship with these types of companies is easy for a company like ours, but for the regular guy or gal trying to deal with them one on one, forget it!
That is why we are here, to help anyone who may need help retiring their payday loan debt while at the same time saving large amounts of money without the threat of collections and court.
That being said lets get on with our story!
Amy and John’s story
Amy and John were a young couple that had been married a year and a half and had just welcomed into this world their newborn son, Michael.
These two had both been going to school and working when Amy became pregnant.
Amy developed some health issues during the pregnancy and had to stop both school and work until after the baby was born so John was both going to school and working a
All was going well until right after the baby arrived the car decided it was time to take a break too, to the tune of 500 bucks to get it back up and running and with no cash on hand John reluctantly, against Amy’s wishes took out a payday loan for the money.
Well, as is most cases in life, bad things never happen only once and this was no exception, the car broke again and the repairs were another 400 bucks so off went John to
This came on top of Amy finding out she could not return to work for at least 2 months due to medical reasons and of course these two ended up defaulting on both loans.
As John was working more and more hours trying to cover these two loans along with all the other house expenses Amy was stuck home with a newborn and a constant ringing phone from the loan collectors.
These collectors were brutal and non stop!
They were calling her parents and Johns work and threatening every kind of legal action possible and finally they
Poor John got both barrels!
She had been against these loans from the beginning and now legal action?
It was either the loans or John, on of them were going to go!
The court summons was the last straw!
They received a notice from the court that they were being sued by the loan company and this was the last straw for Amy, she had had enough!
Thankfully she found us on the internet and we helped these two get back on their feet and out from under this loan company almost immediately but sadly this is not how it usually goes.
More times than not this type of situation leads to trips to court, the loss of large amounts of money and many times we have even seen marriages destroyed because of these loans and we are so glad Amy and Johns did not end this way!
Amy did the right thing in searching for a solution online and asking for help and we were glad to offer it to them!
A change is needed
We would really like to see these loan companies offer a solution for their clients when they get behind on these loans.
We feel it should be part of the loan process to offer options to those who should fall behind on their payments.
So far we seem to be speaking to deaf ears in the industry and that is why we offer our payday loan repayment plan to anyone who needs help with this type of debt.
We were happy to be able to help Amy and John out and we are also happy to report that they are doing great and are both finishing school!
Their son Michael just turned 1
Now that’s a far cry better than the year before!
Happy birthday Michael!