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How to pay off a cash advance loan

Sunday, December 7th, 2008

Sell some things on Craigs list

Craigslist.com is free to advertise and can be quicker them ebay 

Skip a payment many loan companies will let you skip a payment once a year talk to your creaditors and make arrangments pay off the cash advance first

have a yard sale Grab stuff you no longer use or need and put up some signs.

Cut back Make a budget and track your spending. I bet there are a lot of thinks you can do with out like that trip to starbucks a night out pay off the loan first then make a budget so you can save a little so you can borrow from your savings next time

Can you be arrested for default on cash advance loan?

Sunday, December 7th, 2008

You can not be arrested for defaulting on a cash advance loan. but you will want to pay it off quickly as the fees can grow quickly. According to the Fair Debt Collections Practices Act (FDCPA) It is illegal for any company to threaten you with arrest for failure to pay your debts.


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