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Kat · Posted: Wed Feb 27, 2008 9:37 pm Subject: Loans for Payday loans

I got a loan to pay off my 7 payday loans but the lender wanted to pay the companies direct and none of them will allow that. They say the money has to come out of the account I opened the loan with. Now the bank has revoked the loan. Has anyone had to deal with this and know how I should resolve it? I am not going to be able to pay my rent because of all the fees.

Posted: Thu Feb 28, 2008 3:48 am Subject:

Hi Kat!
taking another loan just to pay off your previous loans can sometimes add to your existing pressure, and i am so sorry that this should have happened to you. talk to the companies that what other methods are there that can be used to pay them back. if they want to be paid from you account, then isn't there any way that you can transfer the loan amount to your current account and then pay them back with that money?

Posted: Thu Feb 28, 2008 4:00 am Subject:

Kat - send these companies a money order. Tell them that is the only way you will pay, and stick to your guns on this. Get their address and send them a money order. Make sure you don't agree to sending any money by Western Union or anything like that - those can be hard to prove once sent.

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