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Debtconsolidationcare.com - the USA consumer forum

I will never do payday loan again

Date: Thu, 07/27/2006 - 16:44

Submitted by anonymous
on Thu, 07/27/2006 - 16:44

Posts: 202330 Credits: [Donate]

Total Replies: 6


I have 7 payday loans and would like to try to pay them off one by one...does anyone know how i can do this. I now know what kind of trouble you can get into with these, and will never do this again. Someone please help


Relax, fill up the sign up form here and talk with the counselor in your area. They will reach you over the phone after receiving your contact info from this website. Discuss the accounts with him and know more about your options. If they can work on your payday loan debts, they will contact your lenders individually and arrange your repayments. I hope it works.


lrhall41

Submitted by IncredibleHelp on Thu, 07/27/2006 - 16:48

( Posts: 492 | Credits: )


Lost In Debt,

There are consolidation companies that do work with payday loan companies, although they are few and far between. Please register with the forum and someone will call you within a day or two. Also, can you give us some more details about your situation? Are these internet lenders or store front lenders? If you want to, please feel free to pm me. I too have gone through the payday loan cycle so I understand where you are coming from. There are others here too who have been in your shoes. Remember that you are not alone and welcome to the forums :)


lrhall41

Submitted by Cow & Chicken on Thu, 07/27/2006 - 17:41

( Posts: 3571 | Credits: )


Like many here, I have many payday loans. I am happy to say that I finally came up with the money to pay them (even though they don't deserve it), but I have not contact info for a company that shows up on my bank account as 'Ambassador Collection'..........when they deposited the money, it said 'Ambassador Funding'....anyone know anything????


lrhall41

Submitted by molinadarwin on Thu, 07/27/2006 - 19:30

( Posts: 7 | Credits: )


I too have 7 loans out and now i am trying to figure out what and how i am going to pay them..I only work about 30hours a week, but i thought i could just flip them until i actually needed extra money for car repairs and now i am not sure what i am going to do..I am not sure how i am going to pay them and I am not sure what to do about my bank account as well. I know I will incur a bunch of overdraft fees and NSF fees how does it stop how do i stop and get out of this rut?


lrhall41

Submitted by kirafre05 on Fri, 07/28/2006 - 06:26

( Posts: 3 | Credits: )


kirafre05

The best thing will be to explain this situation to your lenders and do some arrangements with them. Send some partial payments every month so that your account remains current. If your lenders are able to work with you, extra fees on the total loan amount can be stopped. You will have to convince your lenders about your responsibility.


lrhall41

Submitted by anthony on Fri, 07/28/2006 - 14:32

( Posts: 456 | Credits: )