Pay Day Loans charge a horrendous interest rate
Date: Thu, 07/19/2007 - 11:15
Hi:
I have several pay day loans that I need to get rid off. As I read messages in this forum, a lot of people are on the same situation. I would like to know if there is a way to consolidate payday loans into one payment the way is done with credit cards and other debts. These companies charges a horrendous interest rate. Any help provided will be greatly appreciated. Thanks.
PS: I live in NY
I have several pay day loans that I need to get rid off. As I read messages in this forum, a lot of people are on the same situation. I would like to know if there is a way to consolidate payday loans into one payment the way is done with credit cards and other debts. These companies charges a horrendous interest rate. Any help provided will be greatly appreciated. Thanks.
PS: I live in NY
Welcome to the forums! Payday loans are illegal in New York, so
Welcome to the forums! Payday loans are illegal in New York, so consolidation is not your only option to take care of these. Can you let us know which companies you have, how much the original loan was, and how much you have paid so far?
Which pdl companies are you dealing with? Since payday loan l
Which pdl companies are you dealing with?
Since payday loan lending is illegal in New York, you are just liable to pay back the principal amount. You are legally not obligated to pay their interest charges and fees.
