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payday loan

Date: Tue, 08/10/2010 - 10:12

Submitted by treasur
on Tue, 08/10/2010 - 10:12

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Total Replies: 6


hi i have 3 payday loans in the amount of 2100 and i am currently working with a debt consolidation program but i think i am paying to much almost 400 a month for 12 months when i am finish i would have paid out about 4100 hundred need help please


Quote:

Originally Posted by frogpatch
Do you have a contract with the Consolidation Program! If so what are the terms agreed to? What are the original amounts of the loans and how much have you paid each one? Who are they and what state do you live in?



i just spoke with them and they said i can cancel live in Illinois i just started the program last month my total amount is 2100 with out interest what happen was that i only had one loan out for 1000 dollars and went in too pay off but needed more so what they did was refinance
the loan so that i could keep what i was paying off and get an additional amount big mistake when i got home and realize what had just happen i call them back and they said it was too late that i was now under i new contract so i hurry and called an consolidation company because the payments that they are asking for are too much every two weeks


lrhall41

Submitted by on Tue, 08/10/2010 - 10:27

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[QUOTE=Anonymous;733620]i just spoke with them and they said i can cancel live in Illinois i just started the program last month my total amount is 2100 with out interest what happen was that i only had one loan out for 1000 dollars and went in too pay off but needed more so what they did was refinance
the loan so that i could keep what i was paying off and get an additional amount big mistake when i got home and realize what had just happen i call them back and they said it was too late that i was now under i new contract so i hurry and called an consolidation company because the payments that they are asking for are too much every two weeks and need help on what to do spoke with another company oak view law group they said that my payment will be lower and that they can settle for about 40-60 percent like how true is that?


lrhall41

Submitted by on Tue, 08/10/2010 - 10:54

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Quote:

Originally Posted by treasur
hi i have 3 payday loans in the amount of 2100 and i am currently working with a debt consolidation program but i think i am paying to much almost 400 a month for 12 months when i am finish i would have paid out about 4100 hundred need help please


What company are you working with? I have 7 pdls totalling $3,100. I checked into Langhorne (they wanted $1,500 in fees alone) and Destination Debt Solutions (they wanted $1,600 in fees). I decided why should I pay that much in fees in something I can do alone. With the advice and help of this site, I have been able to settle 5 of the pdls and the other 2 I have successfully set up payment arrangements. I do not have nerves of steel, but because of this site, I found the confidence that I needed to do it myself.


lrhall41

Submitted by Lizzie1014 on Tue, 08/10/2010 - 11:27

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