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Posted: Mon Aug 11, 2008 10:34 pm Subject: I need advice

I have 5 storefront payday loans and couldn't pay my rent for the first time ever. How do I find a place that will help me consolidate?

Posted: Tue Aug 12, 2008 3:11 am Subject:

There are many ways to tackle payday loans. But to advice on the same, we need more information on your pdls, namely,
amount of each pdls
name of the pdls
amount already paid
state in which you live in

You can also close your bank account to stop auto debiting by the pdl companies.

Posted: Tue Aug 12, 2008 3:47 am Subject:

I wouldn't advise closing your account when there are store front loans involved, because usually they require a post dated check. Could you please let us know what state you are in? Have you defaulted on any of these loans yet? If you haven't, and any of these store fronts are members of the CFSA, you could be eligible for the EPP (Extended payment plan) which would allow you to pay off these loans in four equal payments on each payday. Just tossing out some information to you, something to think about before you consider obtaining another loan to pay them off. Smile

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