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payday loans

Date: Mon, 06/06/2011 - 17:48

Submitted by anonymous
on Mon, 06/06/2011 - 17:48

Posts: 202330 Credits: [Donate]

Total Replies: 6


I have 5 payday loans that add up to 1950. I can't pay anything else untill I pay them off. I can't pay them off because there are so many. What are my options?


Well, you have lots of options. First check whether or not pdls are legal in your state. If not, then you are only required to pay the principal amount. Nothing else. If pdls are legal in your state and you've defaulted on them, then you can go for payday loan debt settlement or consolidation program. To know more, visit the following page:
http://www.debtconsolidationcare.com/paydayloan-settlement.html


lrhall41

Submitted by Good Nelly on Mon, 06/06/2011 - 21:49

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If payday loans are legal in your state, it is always better to consolidate your pdls instead of opting for settlement as the latter usually affects your credit report negatively. If you cannot pay back your 5 payday loans in full, then you can settle the one(s) with the relatively high balances and consolidate the rest to pay them off with ease. You can get professional help or get rid of your payday loans on your own.


lrhall41

Submitted by MarieGarcia on Tue, 06/07/2011 - 03:29

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Hi Elizabeth,
There are various options through which you can pay off your payday loans. But before you try to pay those off, it is important for you to check whether or not all of these payday loans are legal. If only the payday loans are licensed, you will have to pay off the loans in full. But, if the payday loans are not legal (as most states have banned payday lending), you willbe required to pay only the principal amount.
However, if payday lending is still legal in your state, you can try to either settle or consolidate your payday loans in order to make it easier for yourself to pay off the loans.
Hope this helps,
Marvel


lrhall41

Submitted by on Tue, 06/07/2011 - 04:28

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Hi,
Firstly, assess your budget to determine whether or not you can pay back the entire amount that you owe on your payday loans. If you can, it's well and good, but if you can't you can simply go for payday loan settlement.
Payday loan settlement is a bit different from consolidation as you can drastically reduce the principal amount on your payday loans. You can save a lump sum amount of money as a part of your outstanding debt will be forgiven by your lenders, on effective negotiation. To know more about payday loan settlement, visit http://www.debtconsolidationcare.com/paydayloan-settlement.html
Hope this will help you out and relieve you of all your financial worries!


lrhall41

Submitted by on Tue, 06/07/2011 - 20:37

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At first, you need to check whether or not payday loans are legal in you state. If it is legal, then you will have to pay the principal amount including interests and other fees. Otherwise, you will have to pay only the principal amount. To payoff payday loan debt, you may get a secured loan with a low interest rate. This loan helps you to repay your existing payday loan debt. There are also several other options, which may help you repay your payday loan debt. Following link may help you in this regard:
???http://www.bills.com/pay-off-loans"


lrhall41

Submitted by on Tue, 06/07/2011 - 22:32

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Well you can surely get out of this financial plight by resorting to some smart strategies. One way to get out of this situation is to opt for debt consolidation. Debt consolidation converts your multiple credit card payments into a single monthly payment. By raising the loan term, you can surely fix up an affordable monthly payment. Otherwise, you can go for debt settlement too.


lrhall41

Submitted by on Wed, 06/08/2011 - 01:52

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