Falling Behind on bills and payday loans overwelming me..

Before you start making payments to any of your lenders, make sure that you have asked them to validate the debt.

debt validation is the process where you can legally ask your creditors to provide the complete details of your debt. They need to provide the complete payment history, amount of the debt, break up of the fees, interest that should be provided on paper.

They are also required to show the actual agreement loan letter between the debtor and the original creditor establishing the debt between both the parties also has to be produced.

After they have validated the debt, you can enter into a payment plan that suits to your present financial position.

You can also take the help of the consolidation program to make repayments in easy monthly installments and at lower rate of interest. This debt consolidation program will be beneficial to you because it will negotiate with your creditors in the most proficient way and reduce the financial charges, late fees that have built on it.

I was having a large number of debts and I took the help of this company to erase my debt. The consultant who was working in the program with me was very helpful and he showed me the technique to save money. He gave me regular counseling and budgeting programs during this period and I was able to overcome these debt related problems faster.

I understand where you are coming from...I'm in the same position..and haven't found a good solution yet. I, too, think I make plenty of money, but every payday I have to give it away to all these payday loan companies, which proves to be very frustrating. I'd love to just pay all of those loans off once and for all, but I can never seem to afford it, and the fees are unreal.

Best of luck to you in overcoming your debt. Hopefully I will eventually be able to deal with mine.