I have a question about an unpaid loan/?

Question

i have had a loan through tower loan for a year now that has always been paid on time until here recently i have fallen two going on three months behind due to some personal problems......i know i am in the wrong but i am just wondering what is likely to happen.....i live in the state of louisiana.......they are very ugly and call and yell and also call family members harrassing them......what do you think the next step is???

i would also like to add that i have offered to send like one month now another in two weeks and so on until i get caught up but they said it is not good enough........i cant catch all three up at once.

Answer 1

Check your rights in the following brochure - it sounds like their tactics might be harassment and you do have rights to not be harassed.

http://www.ftc.gov/bcp/edu/pubs/consumer...

Answer 2

call them up and explain your situation and ask to defer payments b/c of your 'issue' or set up a new payment plan to accomidate your new situation