Help with PDL's
Date: Wed, 05/12/2010 - 12:24
I currently have 3 internet payday loans and I feel like I am sinking.
Cashnetusa $300 (just renewed)
ezpaydayloan $500
paydayone $400
I am in Louisiana and I am trying to find the best way to pay these guys so I can get my life back. I just renewed cashnetusa and my 1st payment will come out on 5/28 for $115.50. ezpayday I paid 120 on 4/30 and I will pay 120 on 5/14 but they are telling me I am only paying fees that I still owe the full bal of the loan, paydayone I paid $112.50 on 4/30 and I am due to pay 128.75 on 5/14. I want to pay these off and not have to worry about these again but it just feels like and on going cycle. I was thinking about doing a consolidation, but from what I am reading on this site I am not sure if that is such a good idea. I really need some advice.
Cashnetusa $300 (just renewed)
ezpaydayloan $500
paydayone $400
I am in Louisiana and I am trying to find the best way to pay these guys so I can get my life back. I just renewed cashnetusa and my 1st payment will come out on 5/28 for $115.50. ezpayday I paid 120 on 4/30 and I will pay 120 on 5/14 but they are telling me I am only paying fees that I still owe the full bal of the loan, paydayone I paid $112.50 on 4/30 and I am due to pay 128.75 on 5/14. I want to pay these off and not have to worry about these again but it just feels like and on going cycle. I was thinking about doing a consolidation, but from what I am reading on this site I am not sure if that is such a good idea. I really need some advice.
Ezpaydayloan is not licensed to lend in your state, CLICK HERE t
Ezpaydayloan is not licensed to lend in your state, CLICK HERE to find out how to deal with unlicensed lenders.
Cashnetusa isn't licensed as a payday lender but I am trying to see what category they fall under, do you recall if they extended you an installment type of loan?
Paydayone isn't listed in the payday loan data base in your state either. My best guess is the two above are registered as Credit Service Organizations but I need to do further research to be certain.
Quote:Originally Posted by ShazzersEzpaydayloan is not licensed
Quote:
Originally Posted by Shazzers Ezpaydayloan is not licensed to lend in your state, CLICK HERE to find out how to deal with unlicensed lenders. Cashnetusa isn't licensed as a payday lender but I am trying to see what category they fall under, do you recall if they extended you an installment type of loan? Paydayone isn't listed in the payday loan data base in your state either. My best guess is the two above are registered as Credit Service Organizations but I need to do further research to be certain. |
No neither one of them were installment loans they were pay day loans. With cashnetusa I was paying it off each pay period and then I just decided to get an extension. I will pay the 115.50 and then the balance wil be 270. If they are Credit Service Organizations what steps should I take to pay them off?
Quote:Originally Posted by AnonymousNo neither one of them were
Quote:
Originally Posted by Anonymous No neither one of them were installment loans they were pay day loans. With cashnetusa I was paying it off each pay period and then I just decided to get an extension. I will pay the 115.50 and then the balance wil be 270. If they are Credit Service Organizations what steps should I take to pay them off? |
Ask them for n extended payment plan.