Consolidation of Payday Loans

Because its a shill for credit advisers :)

Payday loan consolidators for the most part are a waste of time and money. Legal ones can be put on an EPP and the illegal ones can be told to go to hell. Why on earth would you pay someone to write the check for you???

I agree with the above posts, but I just wanted to say that I am going through a consolidator and I am satisfied so far. I did close my bank account and got rid of the illegal ones. Still working on a tribal one, but I'm getting there! I went through a company called Credit Advisors. I was so stressed with having so many stupid loan payments for so long, the reason I consolidated was so that I could have one payment each month and be done with it. There was no money up front that I owed them, but there is a small monthly maintenance fee. I am ok with that though, just so I can not stress over it anymore. I can log in and see every payment made to my loans, and yes, I did call my lenders the first few payments to make sure Credit Advisors was not taking my money and running! And so far, everything is good. So again, consolidating is not for everyone, but for me, it has been a stress reliever.

You do not need to use a consolidation company - what state are you in? who did you borrow from? How much originally borrowed? How much paid to date? - If you can give us this information, we can help you deal with on your own..

Yes, listen to HelpinAZ. You can handle this by yourself. Will take some work on your part, but worth it in the long run.