pay day loan help
Date: Fri, 07/01/2011 - 19:29
I was looking up some information on how to get out of payday debt. Currently, I have 5 payday loans out and they have been debiting money from my account like crazy. I want to know how to stop it and pay the loans bak on my terms. it's costing me lots of money each check and I dont have any money to pay for my own expenses. i have loans with the following places:
Sagamore Corp
United cash Loans
Ameriloan
redstone
VIP loan shop
DMA Financial
I have not closed my checking account just yet but I would like to know how I can get rid of this debt once and for all...Will someone please help me????!!!!
You haven???t mentioned the name of your state. At first, y
You haven???t mentioned the name of your state. At first, you should check whether or not payday lending is legal in your state. If it is legal, then you need to make sure whether or not the payday loan company from where you have taken the loan is licensed. If they are licensed, then you will have to pay the principal amount including interests and other fees. Otherwise, you will be responsible only for principal amount. You can contact with your lenders and negotiate with them. You may arrange a better repayment plan with them to repay your debt. If it is not possible for you to negotiate with your lenders on your own, then you may get help from a reliable debt relief company. You can request your bank manager to put a hard debit check on your bank account to stop unauthorized withdrawal.
