Payday Loan Consolidation Help!!
Date: Thu, 01/10/2008 - 22:17
Hi, new to the forums and site...here's my situation/problem:
I'm an attorney in Las Vegas...I make pretty good money, almost 5k a month after taxes...I get $2400 and some change direct deposited into my bank account every other week....
My problem is bad credit and a series of payday loans...I have several outstanding payday loans, all storefront, all in the Vegas area....they are all current....I've had history will all the companies, some close to 2 year history, 2 are recent, not much history, I'd venture to guess that I'm one of their "prize customers" because I frequently roll-over the loan, or pay it off when I have some extra money, but invariably take it back out...I'd hate to know how much money in interest I've paid over the past two years (since i moved out here).
So, even though it takes about half my check, i've always been able to roll over, pay off every other week...until now...I've had some major car trouble, and in about a week, i'm gonna be faced with all these loans, and fixing the car...what i want to know is, since i have GREAT credit, at least with all these pdl places, and good histories, is there a company that could consoldate these for me, or that i could get a loan to pay them all off, and pay that loan in installments...
Here's what I have:
Check City... $1200...interest/rollover is $200 every other week, or $1400 to pay off
Money Tree....Exact same as above
Rapid Cash.....Exact same as above
Super Pawn.....Exact same as above
Advance America....$500....rollover/interest is $85 every other week or $585 to pay off
Cash Oasis...(private little store front place)...Same as Advance America above
Cash Box.....$600...rollover/interst is $90 I believe..this loan is brand new...just took it out this week, have no history with this place....
All the other ones listed above: I have great history wiht, again, i'm a "star" customer...all these are current, i'm just tired of paying over $2k a month in freaking INTEREST here....this is killing me, can anybody help with this.
PS: also have a title loan on my car that is being repaired...it's not much, $2500....car is worth 12k and paid for (except for the title loan of course)...i'm gonna sell the car as soon as it's fixed next week, and take care of that title loan...and maybe one or two of these payday loans, but must have enough left to buy another vehicle for work.
So, sorry this is so long, can anybody help?
I'm an attorney in Las Vegas...I make pretty good money, almost 5k a month after taxes...I get $2400 and some change direct deposited into my bank account every other week....
My problem is bad credit and a series of payday loans...I have several outstanding payday loans, all storefront, all in the Vegas area....they are all current....I've had history will all the companies, some close to 2 year history, 2 are recent, not much history, I'd venture to guess that I'm one of their "prize customers" because I frequently roll-over the loan, or pay it off when I have some extra money, but invariably take it back out...I'd hate to know how much money in interest I've paid over the past two years (since i moved out here).
So, even though it takes about half my check, i've always been able to roll over, pay off every other week...until now...I've had some major car trouble, and in about a week, i'm gonna be faced with all these loans, and fixing the car...what i want to know is, since i have GREAT credit, at least with all these pdl places, and good histories, is there a company that could consoldate these for me, or that i could get a loan to pay them all off, and pay that loan in installments...
Here's what I have:
Check City... $1200...interest/rollover is $200 every other week, or $1400 to pay off
Money Tree....Exact same as above
Rapid Cash.....Exact same as above
Super Pawn.....Exact same as above
Advance America....$500....rollover/interest is $85 every other week or $585 to pay off
Cash Oasis...(private little store front place)...Same as Advance America above
Cash Box.....$600...rollover/interst is $90 I believe..this loan is brand new...just took it out this week, have no history with this place....
All the other ones listed above: I have great history wiht, again, i'm a "star" customer...all these are current, i'm just tired of paying over $2k a month in freaking INTEREST here....this is killing me, can anybody help with this.
PS: also have a title loan on my car that is being repaired...it's not much, $2500....car is worth 12k and paid for (except for the title loan of course)...i'm gonna sell the car as soon as it's fixed next week, and take care of that title loan...and maybe one or two of these payday loans, but must have enough left to buy another vehicle for work.
So, sorry this is so long, can anybody help?
You might want to go into the storefronts and ask for to envoke
You might want to go into the storefronts and ask for to envoke the payment plan. That way you could pay in full in 4 payments. If you check back later I am sure someone that know something will be on to give you advice.
