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 Posted: Fri Apr 27, 2007 11:48 am Subject: I need help with my defaulted payday loans? |
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I am dealing with 7 different pdl that are all in default. I need help. 6 of them are storefronts, and 1 online. I've made arrangements with 4 of them, but i'm not able to pay. What will they do next. I don't want them calling my job, can i avoid that? Am I able to get all of them consolidated.
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pm3lou
Joined: 27 Apr 2007
Posts: 1
Debtcc Points: 27
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| Posted: Fri Apr 27, 2007 12:16 pm Subject: |
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Tell them beforehand that you cannot make the payments you arranged but can pay $x toward it this week, etc. Write and tell them you cannot accept phone calls at work. You may be able to consolidate them with a debt management or counseling company. Talk to the person who calls you from this site to look into your options. Also search for T&C on this site.
Good luck!
~b
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OutofDebtin07
Joined: 20 Mar 2007
Posts: 51
Debtcc Points: 1867
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| Posted: Fri Apr 27, 2007 12:18 pm Subject: |
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Yes, you can try a consolidation company to handle your debts. Be careful of the storefront lenders because most of them are legitimate businesses and they are quick in taking to the court in case of a default. If you have already worked out arrangements and don't pay, things can get worse for you. Get some professional help soon.
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Bridget
Joined: 03 Mar 2006
Posts: 351
Debtcc Points: 4963
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