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 Posted: Wed Aug 10, 2005 5:42 am Subject: payday loans |
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can you help with payday loan debt
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amy persinger
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Debtcc Points: 100
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| Posted: Wed Aug 10, 2005 7:46 am Subject: |
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Contact this company. They are handling my payday loans, and got me a settlement for 50% of what I owed on 2 of them.
Also, call your bank and tell them that you want to put stop payments on the pay day loans. That will keep them from coming out. It will probably cost you money as it would be like putting a stop payment on check, but that should give you some breathing room until you can get in touch with BHR.
The way BHR works is you dont pay anything upfront. They will negotiate with the loan companies, and if they get a settlement that you like, you pay them 35% of what you SAVE. So if you had a $500 pay day loan and they negotiated it down to $250. You owe BHR $87.50. They are great to work with!
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vwh
Joined: 22 Jul 2005
Posts: 134
Debtcc Points: 5762
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| Posted: Wed Aug 10, 2005 12:11 pm Subject: |
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Hi Amy
Welcome to the forums. Payday loans can be put in the debt consolidation program with this company. Please register yourself for a free counseling with the trained consultant and know your options about the various payment plans.
The consultant will reduce the total amount of your debt eliminating the financial charges, late fees from it. So, you will be required to pay the actual amount of your debt only.
Also, you will be offered the consolidation program at the lowest rate of interest and through easy monthly installments. This will help you to become debt free quicker.
Regards
Roxette
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Debtconsolidationcare offers free counseling and help, please avail the services before taking any major decisions.
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roxette
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