payday loans
Date: Thu, 03/24/2011 - 14:25
You haven't mentioned the state you live in. You need to check o
You haven't mentioned the state you live in. You need to check out whether or not payday lending is legal as per your state laws. You'll also have to check whether or not the payday lender has the license to operate in your state. If payday lending is illegal in your state or if the payday lender does not have a license to operate in your state, then you are not legally liable to pay the finance charges. You will be liable to pay only the principal balance to the payday lender.
If the payday lending is legal in your state or if they have the license to operate in your state, then you can contact any debt relief company and take their help in consolidating your seven payday loans. They will negotiate with the payday lenders on your behalf and help you in consolidating the debt. They will also see to it that you don't have to pay any finance charges to your creditors.