too many payday loans have overdrawn my checking account...

Date: Mon, 03/15/2010 - 20:47

Submitted by anonymous
on Mon, 03/15/2010 - 20:47

Posts: 202330 Credits: [Donate]

Total Replies: 2

I live in NY. I own 10 different payday loans a total balance of $5,851.88 (prin: $4170, biweekly int: $1,681.88). I've searched the Internet for a payday consolidation loan, but get stopped every time I list my state. I've read message board posts stating that payday loans are illegal in NY, but how does that really help me if I've already got the loan?
Are there any legitimate companies that can help me, and soon? I absolutely can not afford these payments anymore - my real bills are starting to go behind because the loan companies are withdrawing money as soon as my paycheck hits my account.

I wouldn't get a loan to pay off illegal lenders. ALL payday loa

I wouldn't get a loan to pay off illegal lenders. ALL payday loans are prohibited in the state of N.Y., click the link below and read it yourself then CLICK HERE to find out how to deal with illegal lenders.
http://www.paydayloaninfo.org/stateinfo/NY.asp

lrhall41

Submitted by Shazzers on Mon, 03/15/2010 - 23:02

( Posts: 17344 | Credits: )

JD - I also live in NY state with almost the same amount of loan

JD - I also live in NY state with almost the same amount of loans. I assume they are all internet loans? This is how I obtained my debt too. We still owe the principal borrowed, but you do not need to tolerate harassing calls or abusive language. Callers will try to bully you into making payments. If you want more info on consolidators I can tell you about two that I used. They were not loans, but negotiators who help you make contact with your lenders to make reasonable payment arrangements. I had to use two different companies because I had so many loans.

lrhall41

Submitted by hez on Tue, 03/16/2010 - 06:00

( Posts: 72 | Credits: )