I'm sort of stuck here and was wondering if there was a legit consolidation company for payday loans. I cannot shut down my checking account because I am unable to open a new one due to terrible credit and reports to Chex Systems. I've tried multiple places and even my current bank and they said that I would be denied if I closed my checking account and tried to open a new one there. My paychecks are going to pay the fees on these and I opened a new one to pay bills just this last week. I've been reading the posts and I couldn't find an answer to my problem, just basically saying which ones were legal and illegal. Here is what I have.
Ace Cash Express = $328.78
Fast ecash = $425.90 (just opened this one last week even if it is illegal I owe them $350.00)
Mobiloans = $421.25
Plain Green = $1025.10 (This one has been stopped and I am working on getting it closed. I've paid well over the principal)
Cash Central = $318.40
If there is any suggestions I would greatly appreciate it. I could comfortably afford paying $250-300 a month if I could just get them consolidated.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
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Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.