Have Three loans in WI
Date: Sat, 11/17/2012 - 14:07
Hello,
I have three loans:
Paydayone-loan-1100-owe-850-principle paid
Spotloan-500-owe-450-principle paid
Netcredit-2500-owe-2200-principle not paid
I live in WI and I believe all of these are installment loans.
I would like to consolidate them or find a way to reduce the payments as I am paying biweekly payments that add up to around 1100 a month.
I have reduced the loans I have had out from 7 to three and reduced the monthly payments down 900 dollars. I am still hurting and need to find a way to decrease the amount I pay per month.
Any help would be greatly appreciated.
I have three loans:
Paydayone-loan-1100-owe-850-principle paid
Spotloan-500-owe-450-principle paid
Netcredit-2500-owe-2200-principle not paid
I live in WI and I believe all of these are installment loans.
I would like to consolidate them or find a way to reduce the payments as I am paying biweekly payments that add up to around 1100 a month.
I have reduced the loans I have had out from 7 to three and reduced the monthly payments down 900 dollars. I am still hurting and need to find a way to decrease the amount I pay per month.
Any help would be greatly appreciated.
Payday one is a legal lender Netcredit is questionable - looks
Payday one is a legal lender
Netcredit is questionable - looks illegal as it says governing law under cook county IL. The other is illegal tribal
Follow the advice in my signature line for how to deal w/ illegal lenders
We here do not recommend that you consolidate payday loans. It i
We here do not recommend that you consolidate payday loans. It is completely pointless and most people end up spending more that they should. Call the DFI and see if NetCredit is licensed in WI to do business. If they are legal, you will need to repay them.
As for the other 2 illegal lenders, follow the link in Waffles' signature line to learn how to deal with payday lenders.