payday loan consolidation
Date: Wed, 12/15/2010 - 23:59
Hi! Welcome to the forums! You can get relevant information from
Hi!
Welcome to the forums!
You can get relevant information from the following page
http://www.debtconsolidationcare.com/forums/merge-payday.html
You will have to contact a local debt consolidation company in o
You will have to contact a local debt consolidation company in order consolidate and pay off the debts. The debt consolidation company will provide you with a free counseling session. In this session, a counselor will go through your current financial situation. Then, he or she will negotiate with your payday lenders and try to get a lower interest rate for you to pay off the dues. Thus, you’ll be able to pay off your dues at a reduced interest rate.
Tiffany, I had 8 internet loans and 2 storefront loans. I check
Tiffany, I had 8 internet loans and 2 storefront loans. I checked into a debt consolidation company and they wanted $1,600 in fees alone just to help me. I decided to do research and do it on my own. Through the advice of this forum, I was able to do it and now have 0 internet loans and making affordable payments on my 2 storefront loans. Why spend money on something you can do yourself? You could use the money to pay your loans. What are the names of the payday lenders? If a payday lender is not licensed to do business in your state, then you are only morally obligated to pay back the principal balance (no interest or fees).
I agree with Lizzie. Tiffany, please share with us the followin
I agree with Lizzie. Tiffany, please share with us the following information:
- Names of your lenders
- Amount you borrowed from each
- Whether they were storefront or internet lenders
- How much has been debited or paid from your account thus far
We may be able to help you get out of this on your own.