Payday loans

Leftyk, don't worry! Your consolidation company should be able to work out something with your payday loan companies if they claim so. Have you called your lenders and let them know about the consolidation program? When you get calls from them, forward it to your consolidators.

Hi. You came to the right place.

First of all..Are they internet lenders? If so, they don't have a snowball's chance of getting a judgement against you. Store fronts can be a different animal, tho...

Second...why don't you register? This is a great place, and you can get a lot of advice from people who have been there.

I have called the payday lenders and the both said that they don't deal with consolidators. Both of them are storefront loans and the ask for 500 here or ask me to pay off the full amount and take a lesser amount. I responded by telling them that they get payed when they get payed....

I would at least pay a small amount on each one. Did they actually say they wouldn't accept any money other than the balance?

one told me that I had to pay the whole balance by Oct 15 or they will garnish my wages. The other told me that I had to pay 500$ by the end of the week or my account goes into recovery. What can I do? I told them both that it aint happenin...

What should I do If the loan companies reject the debt colidator's preposal?

I know some companies sound tough initially. But after getting the money, they change their mind. Insist your consolidation company to send payments anyway. If they cash your check, it will be understood that your company has accepted the proposal. Have proof of everything you send to them

Storefront lenders can get a judgement to garnish your wage..But think about this..It costs them approximately $200 to file. They have no guarentee that you still have the same job or that you haven't filed for bankruptcy...It's not worth it for a $300 to $500 loan. I think if you follow Lorri's advice and make payments they won't garnish you. Definitely try to work something out with them.