Payday Loan Help

Your query has been answered in the given page: http://www.debtconsolidationcare.com/forums/showthread.php?t=148333#2 . Please take a look at it. I hope it will help you.

Hi,

As far as I know, payday loan lending is legal In Louisiana and therefore you're liable to repay both the principal amount and the interest rates on all your loans. But with your present financial condition, you say that you're facing extreme trouble making the payments.

You can go for debt settlement if you think that you can't repay the entire amount on your own. Debt settlement will reduce the principal amount and enhance your debt repayment schedule. If you don't want to go through any kind of debt forgiveness, you can even try consolidating your payday loan debts through a debt consolidation company.

Hope this will help you out..!! :D

If you are not able to repay your debts in full, then you may take out a secured loan to repay the existing debts. The interest rate on this loan is lower as compared to the payday loans.