I live in FL and I have 1 pay day loan I am unable to pay back, right now it is current but I am not sure what to do. It is with and internet based company called Magnum Cash Advance. I have spoken to them and they will allow me to make 4 payments (2 a month of $330) on a $650 loan but I can even afford to do that. I have borrowed from them multiple times and alway paid back on time. As of right now I haven't paid anything on this current loan. I also have an old loan that I defaulted on in Ohio (when I live there).