NEED HELP WITH INSTALLMENT LOANS

They are all legal lenders. I know for me they would not negotiate with me until I actually defaulted. So to stop the madness I had to close my account and open a new one. Once I did that, my PDL went into default and was handed off to a collection agency. Once I stopped the bleeding and was able to get back on my feet, I was able to negotiate a PFD with them (as they did put the collection account on my credit report). I know others will tell you to negotiate with them but I know when you are in that deep, you just need to stop the insanity and regroup. I let them know up front the situation and that I would be defaulting. I was able to right my upside down bank account and get back on my feet and then negotiated a PFD when I was more stable. It was a hard lesson learned and I will never put myself in that situation ever again. Texas is not a consumer friendly state and they are able to use a loophole in order to issues these impossible loans.

The above mentioned 3 lenders are licensed in your state. You owe them both the principal and interest. You should try to negotiate with your licensed lenders and set up a payment arrangement with them. Make your all outstanding payments asap, otherwise they can sue you because of nonpayment of debt.