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Payday loans...can these be consolidated?

Date: Sat, 08/21/2010 - 15:37

Submitted by anonymous
on Sat, 08/21/2010 - 15:37

Posts: 202330 Credits: [Donate]

Total Replies: 1


Hi.

I have 4 payday loans on which I am only making the interest payments now for the past 2.5 months. I have a good salary but I see almost a third of it swallowed up by this! I have other expenses such as rent, food and medicine plus 2 major purchases bought thru HSN and QVC which swallow up another third each month. I have been foolish!

Since I did not work for a really long time I was told that my IRS debt will not catch up with me until they get wind in Jan 11 that I have been working and will start pursuing me for payments. Same with student loans...I desperatly need to buy a car so I must reduce/payback my payday loans thru consolidation or something because I cannot afford to pay one off at a time, etc. My purchases of 2 laptops thru HSN and QVC will be payed off by Sept & Oct.

Also just found out that I may have a major debilitating disease which will be costly in terms of treatment, etc.

So, I need to find a way....can the paydayloans be consolidated?

Help!

Bella