What is the best way to repay payday loans?
Date: Mon, 01/02/2017 - 21:30
Hi, I'm Joanna.
I am looking for the bestw ay to repay my payday loans? My options are limited since my credit situation is not that good. Any help regarding this would be appreciated
I am looking for the bestw ay to repay my payday loans? My options are limited since my credit situation is not that good. Any help regarding this would be appreciated
If it's a legal payday loan,
If it's a legal payday loan, you can repay the full amount if you can do so. Or else, you can settle the pdl yourself or with the help of any settlement company.
If your pdl is illegal, you're supposed to pay only the principal amount.
You didn’t mention the type
You didn’t mention the type of your PDL- Is it online or storefront? Who are your lenders? I’ll try to tell you if they are licensed in your state.
Start with a budget and stick to it.
Having a responsible spending budget allows you saving a significant amount to pay off the debt on your own.
However, if you feel you don't manage it by yourself, then seek professional help.