can't afford to keep paying over 500% interest

Hi terry

Welcome to the forums. This company used to consolidate payday loans but at present it is looking for a better company that can offer the lower rates of interest.

I will suggest you to negotiate with your creditors for a reduced amount. If you can advance them some money, they might be willing to reduce the financial charges and offer you a suitable payment plan.

You need to budget your spending wisely so that you can save some money and thus pay off your debt with ease.

Regards
Roxette

Some companies will work with you if you have defaulted. I have a few that removed NSF charges and they are not charging me anymore interest charges. One of them I am only paying 25 bucks a pay period and it is going towards the principal and not the fees (since they froze that). Some of these lenders maybe more understanding than you may think.