Does it require approval from lenders to consolidate pdl debt?
Date: Sun, 04/09/2017 - 19:48
Whenever you consolidate your
Whenever you consolidate your payday loans your lenders will come to know about it. Because the consolidators work with your lenders to consolidate your payday loans at the best possible interest rate, which suits your financial situation. As per my knowledge, lenders shouldn’t have issues regarding giving you permission to consolidate your payday loan as long as you’re paying off the full loan amount.
It is good for the lenders
It is good for the lenders since they receive the outstanding balance in full. So, usually they agree to the proposal.
The simple answer is yes. If
The simple answer is yes. If lenders refuse to negotiate, then there is nothing you can do. Sometimes, lenders prefer to negotiate with debtors directly.
