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#1missouri payday loan
Replied on
01-25-2012, 07:04 AM
Needed to help daughter and got 5 payday loans for fast cash first time. They are Zip19, Fourseasonscash,usfastcash,sureadvance and cashnetusa. I have been paying 120 to 230 every week and I am not paying anything on them they all show the same amount due. I am affraid I will not have the money this week. Any help would be great. I now know this was a stupid mistake that I will never do again but how do I get it fixed.
Thank you
David
In order to find out whether or not the payday lenders are licensed to operate in Missouri, you need to contact the Missouri Division of Finance. If they are not licensed to operate, then you should pay them only the principal balance in order to get rid of the debts. However, if they are legal in your state, then you can contact the local debt relief companies and try to consolidate the debts in order to get rid of your debts.
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As I'm not a lawyer, I believe that "A lean compromise is better than a fat lawsuit".
I too agree with my previous poster. You may try to consolidate your debts on your own. It will help you to save your money. Have a look at this page to know how to do it yourself: http://www.debtconsolidationcare.com...-consolidation
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.