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Posted: Wed Mar 07, 2007 1:54 pm Subject: Consolidation of Payday loans!

I am in the same boat as thousands others - I have payday loans that I cannot get out of...online and at store fronts. What company will consolidate them for me to one low payment?

Posted: Wed Mar 07, 2007 4:16 pm Subject:

There are some companies that will consolidate pdls. You can speak with a counselor referred by this website and know the best repayment options. They will do all negotiations with your lenders and guide you in the program. Hope this helps in making you debt free.

Posted: Sun Mar 18, 2007 11:58 am Subject:

I've learned through poking around on this site that not all companies will deal with your payday loans. When you contact the company suggested by Bony, better ask them upfront, just in case.

Also read that other people have contacted the lenders individually to try and work out payment plans. In some cases seemed to work, others not. Doesn't hurt to try.

Good luck.

Posted: Sun Mar 18, 2007 2:08 pm Subject:

Hi Lisa Scott:

Has someone contacted you regarding your options in terms of debt consolidation? You say that you have both storefront and internet payday loans. Which loans and what are your balances? Have you tried to contact these companies to make payment arrangements yourself?

THere are companies, many of whom are on this message board, that will help you consolidate your loans. I didn't think that there were companies out there who took on payday loans but there are.

However, the downside to getting debt consolidation is the fact that there may be a fee upfront for the use of their services. But, if you use the Do It YOurself method found on this message board, it will help you in sending out your own payment arrangments and give you great advice on how to handle your creditors.

I hope that this helps.

Posted: Sun Mar 18, 2007 4:07 pm Subject:

What state are you from? Who are your loans with, please indicate whether they are storefront or internet based. Please list the companies, how much you borrowed and how much you have paid back so far, you may be able to get some paid in full or a refund. If you list all the requested information some one will come along and help you out shortly.

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