I have 9 payday loans currently due on April 1st, so I need advice quick. I closed my bank account already and I live in New York. I have had payday loans in the past with several of the companies I owe now. In the past, I have paid them all off, including the crazy interest that they charge. For example, I used Loanshoponline and took $500 from them in the past and paid them back $1,100 total on that loan. Now, I took another loan with the same company, loanshoponline for $500. It's coming due on April 1st and I'm not paying them. Do I have to pay them the principle of $500?