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I live in Florida and I have an internet loan with Cash net USA for 1300.00. The interest is killing me and it still hasn't paid down the loan. Now the loan is on default because I'm unable to pay them without putting myself in financial hardship. What can I do to get the roll overs stopped and just pay on the loan?
Cash Net USA is a licensed lender. You owe them both the principal and interest. Your only option is to negotiate with your lender and if possible set up a payment arrangement with them. You should keep in mind that legal lender can sue you because of nonpayment of debt. Explain your lender about your financial hardship.
yeah but
cashnet usa normally doesn't sue.they just sell the debt to a bottomfeeder so you can negotiate a deal with whoever that is.