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Help with too many payday loans

Date: Mon, 04/15/2013 - 07:21

Submitted by merchantmar
on Mon, 04/15/2013 - 07:21

Posts: 3 Credits: [Donate]

Total Replies: 2


I have been reading alot on this site about payday loan help. I have 7 loans and cannot afford to keep up the payments.

My bank account is now overdrawn, so I guess they will decline the ACH withdrawals due to come out on Friday. I have opened a new account with another bank and directed my direct deposit payroll check to that account.

I am not sure what to do next. Should I wait for these companies to contact me and then try to settle or send them a letter requesting a settlement offer before Friday?

These are:

check n go
plain green
great plains
one click cash
united cash loans
payday max
multi source loans

I'm not sure what to do next. Help