Got ourselves in a bad situation with pay day loans
Date: Wed, 06/29/2011 - 15:14
My husband and I live in Texas and almost lost our home. To try to save our home, we borrowed money from pay day advance stores and now we both have 6 loans each with a combined total of $7500 debt! We saved our house!! But now we are litterally struggling to keep the house, maintain these loans, and provide for our family! 8 of the loans are through 4 different stores, all basing from NCP Finance. Do I have to call the stores to work out a plan? Or can I call the lender (NCP Finance) to see if they will work with me? The other loans are online. We have every intention in paying it all back, however, the interest is hurting us alot! Is there a way to consolidate all these loans and just have to pay one amount to one institution? Because we were in forclosure, our credit is really bad. We really need help! :sad: Any advice would help. Thanks in advance.
In my opinion, it will be better if you could speak to NCP Finan
In my opinion, it will be better if you could speak to NCP Finance in this regard and check out if you can get a re-payment plan from them.
List the names of all of your pdls and let us know which are int
List the names of all of your pdls and let us know which are internet and which are storefront loans.
Also, how much did you borrow from each of the pdl companies and how much have you paid thus far (actual payments)?