My husband and myself have 5 payday loans between ourselves in Texas. We are paying over $700 every 2 weeks just in interest and re-borrowing fees. We can no longer afford these fees. What can we do? Check N Go (Internet) $500 Loan $120 Interest Cash American (Storefront) $500 Loan $102 Interest Cash American (Storefront) $500 Loan $102 Interest Quick Cash (Storefront) $800 Loan $200 Interest Quick Cash (Storefront) $900 Loan $250 Interest PLEASE HELP, We can no longer afford this!

I actually have had more PDLs but I fortunately paid them off. But I keep every proof of PIF but how many years do you suggest I keep those documents in cause some lender accuses me of never paying back from something 3 years ago as an example. Not that this is true but I would like to cover my bases since alot of ppl are scam artists these days.

Last year (2009) was pretty much most rediculous year for my finances I could imagine. I began the year with the following amount of debt: B of A (3 a/c) $51 K AMEX $13 K Discover $10K Citi $6K Chase $6K Student Loans $40K Every month was minimums and strategically paying different debt at different times of the month or if allowable balance transfers back and forth. Then my credit lines were reduced igniting rate increases across the board to a point where I could not even reasonably make the minimums.

HI Portfolio Recovery Associates is on my credit report and is supposed to come off in January 2011. It is out SOL and they wont validate in a decent manner, so they get nothing from me. If it falls off in January can they turn around and put it back on my credit reports?

I have gathered all the info and know what I need to do to stop 3 illegal PDLS I have--but, I am afraid of the phone calls, etc... to my work. I work in the HR department and am terrified that once I close my bank account and send out letters to them, etc...I will be called at work and my employer will be harassed by them. Can any one give me any idea of what will happen when I do go through with this? How bad will it be and should I tough it out and try to pay them somehow? The 3 PDLS I have are with MYCASHNOW, Integrity Advance, and National Payday.

Hi, New here.... and scared. I received a settlement offer from Citi Cards for 20% of my balance. I have borrowed money and I would like to accept it so I called the number. They say they will only honor it if I pay the amount over the phone. The letter I received clearly states several things: 1) You must call the toll-free number provided and speak to a representative in order to accept our settlement offer.

i have this payday loan that i apply for in January i had to close account due to fraud i notified company not to ach my account any longer it has been closed they have since told me i need to pay 400.00 i told them i had calculated what i paid them at it was at least 1300.00 plus over the 390.00 i originally borrowed can the garnish my employment

how do i find out if a payday lender is legititmate for the state they say they are from?

A person by the name of Joe Birsch from First Legacy asset management left a message on my voicemail saying that if i dont settle my debt by 3pm that day, that i will be arrested for bad check. I then called the number he left and said that they will settle for $1000 since the original debt is $2500..he proceeded that if i dont pay this i will be arrested at work. So i was terrified and called my father to ask for help, i then paid $1000 that day. He promised that i will receive a letter confirming the payment, but it has been over a month now, and i never did.

I recently co-signed on a $4000.00 Sallie Mae student loan and now I'm looking into getting a mortgage. How is this $4000 viewed with the lender of the mortgage? Do I add the monthly payment on this student loan into my monthly debt (even though I'm not the one paying it back) or is the $4000 viewed differently against my credit?