I have a loan with a balance of $2,600. I was late almost 2 weeks...they called and offered to ""re-structure"" the debt. For this service, I would get to miss payments for 2 months! The BAD PART (more like scam) is that I would end up paying over $4,500 for a debt hat I currenly only owe 2600 on!
Pros: Money when you need it
Cons: High, high interest rates
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