Help! I can't pay my payday loan
Date: Sat, 02/11/2012 - 21:23
I have recently had to get a loan and, then another. I have never been in this position before and I have been paying my payday loans back for several months. But know I am facing not being able to pay them back at all. I have to move because of no money and facing this with fear. I have 4 loans from 4 different places. This was never intended and I feel awful. I need help to know what I should do in this hard time. The loans equal out to around 1,600. I am in Ohio. I also have a bank account and have given them personal checks. Because I will not be able to pay them should I close my bank account associated with them before they cash them, should I let them go into the bank and be faced with the bank charges and whatever they will do? PLEASE HELP
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-law
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Ohio is is LOW interest loan state so your loans are probably illegal.
GO to the top of this forum and read Ohiogal's sticky on what to do next