I need information about what I can do to pay off my installment or payday loans. I have 5 and I am in over my head. I have a $366 car payment on top of my other obligations. Please advise as to any options I might have.
Hi
Cathy! The first thing you need to do is list the names of the lenders
for the 5 loans, the amount, and how much you have paid. If the lenders
are illegal, then you are only obligated to pay back the principal
amount. Also if the lenders are illegal, then you will need to follow
the "Illegal lenders" sticky in this forum to revoke ACH and EFT
authorization. You will need to work out a payment arrangement with any
legal lenders because you owe the principal amount plus interest. I
hope this helps!
In
which state do you live in? Are the payday lenders legal in your state?
Please mention the name of the payday lenders here,
Regarding car payment, talk to the lender to extend the payment date or
you can refinance the loan. Don't be late; otherwise, the auto lender
may take the repossession of your car.
Yes
you can ask your lender to extend car payment term, or may be you can go
for a refinance.
As Patricia suggested, plz mention your payday lender
names...
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Sub: #1 posted on Wed, 07/26/2017 - 03:24
(Posts: 28 | Credits: 3.05)
Regarding car payment, talk to the lender to extend the payment date or you can refinance the loan. Don't be late; otherwise, the auto lender may take the repossession of your car.
Sub: #2 posted on Wed, 07/26/2017 - 06:09
(Posts: 724 | Credits: 75.57)
https://forums.debtcc.com/paydayloan/dealingwith-illegallenders.html
Sub: #3 posted on Wed, 07/26/2017 - 23:09
Moderators
(Posts: 3937 | Credits: 398.71)
As Patricia suggested, plz mention your payday lender names...
Sub: #4 posted on Sun, 07/30/2017 - 22:12
(Posts: 331 | Credits: 33.32)
Sub: #5 posted on Mon, 08/14/2017 - 10:02