How do I get out of Payday loan circle?

Date: Thu, 05/15/2008 - 07:24

Submitted by anonymous
on Thu, 05/15/2008 - 07:24

Posts: 202330 Credits: [Donate]

Total Replies: 1

I am about to default on my payday loans. I have renewed them so many times, I get close to paying them off and then I have to take a new one to pay the old one and keep the fees paid. I need help. Where do I start? What do I do? How do I get out of this mess?

Hello amyshme and welcome to the community. First of all, please

Hello amyshme and welcome to the community. First of all, please list the following information so we can help you.
-Names of each pdl company.
-Whether they are store front or Internet
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
I'm sorry to tell you this, but there is only one sure way to stop the withdrawals, and that is to close your account. If that isn't an option, then tell the bank to put a hard debit block on your account. Before you close your account, read this information at the link below. http://www.debtconsolidationcare.com/paydayloan/close-account.html

Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!

lrhall41

Submitted by Shazzers on Sat, 05/17/2008 - 19:01

( Posts: 17344 | Credits: )