Too many Payday Loans
Date: Mon, 11/14/2011 - 15:54
I have 4 pd loans with
check n go (store front) $3000 have paid $1500 it is a cash advance and the total is $7000 to be paid.
Advance America (store front) $1000 have paid $3300
and have defaulted on
Cash Central $500 (online) have paid $2200
Cash America (store front) $600 have paid $1800
Any suggestions on how I can get out of them? I have basically paid them the principle but the interest is killing me every two weeks. I would like to know how to negotiate with them on lowering the interest or something like that.
check n go (store front) $3000 have paid $1500 it is a cash advance and the total is $7000 to be paid.
Advance America (store front) $1000 have paid $3300
and have defaulted on
Cash Central $500 (online) have paid $2200
Cash America (store front) $600 have paid $1800
Any suggestions on how I can get out of them? I have basically paid them the principle but the interest is killing me every two weeks. I would like to know how to negotiate with them on lowering the interest or something like that.
Welcome Gabber, What state are you in? You need to check out y
Welcome Gabber,
What state are you in? You need to check out your state pdl laws before negotiating the interest rates.
To make sure whether or not the payday loan companies are licens
To make sure whether or not the payday loan companies are licensed in Texas, you should contact with the Texas Office of Consumer Credit Commissioner. You will have to bear the principal amount with interest and charges only when the lenders are legal. You may try to enroll in a payday loan debt consolidation program to replace these multiple bills into a single monthly payment. If they are not licensed, then you will be free by paying only the borrowed amount.