Payday Loan consolidation question!
Date: Mon, 05/18/2009 - 14:41
Any help/advice on this would be great!! We will never do this payday loan thing AGAIN. Thanks so much!
Rainy
I'm really on the fence when it comes to payday loan consolidati
I'm really on the fence when it comes to payday loan consolidation and this is why. If they're store front loans-well that's a different story, if they're Internet loans I definitely wouldn't hire a consolidation company. There are so many illegal lenders on the Internet these days, so, if any of your lenders are illegal a debt consolidation company will not be able to help you, illegal lenders don't follow the law so they have no reason to negotiate with a consolidation company. If you want to find out if any of your lenders are illegal then list them, we will try to help you or give you information to look it up yourself.
They've been in business 3 months so I don't see how anyone has
They've been in business 3 months so I don't see how anyone has completed their program, let alone obtained the results claimed on their webstie. Plus that website claims that debt settlement won't hurt your credit score (even though some payday lenders and collection agencies DO report to the major credit bureaus.) Texas and New York are suing several debt settlement companies already or making that claim.
Eeeeek, if they have only been in business 3 months and are alre
Eeeeek, if they have only been in business 3 months and are already glorifying their company with claims that would be a big red flag to me. :shock: