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Does it require approval from lenders to consolidate pdl debt?

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Does it require approval from lenders to consolidate pdl debt?




Whenever you consolidate your payday loans your lenders will come to know about it. Because the consolidators work with your lenders to consolidate your payday loans at the best possible interest rate, which suits your financial situation. As per my knowledge, lenders shouldn’t have issues regarding giving you permission to consolidate your payday loan as long as you’re paying off the full loan amount.

Sub: #1 posted on Mon, 04/10/2017 - 03:56

Phil Bradford Phil Bradford

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It is good for the lenders since they receive the outstanding balance in full. So, usually they agree to the proposal.

Sub: #2 posted on Mon, 04/10/2017 - 05:41

Good Nelly Good Nelly
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The simple answer is yes. If lenders refuse to negotiate, then there is nothing you can do. Sometimes, lenders prefer to negotiate with debtors directly.

Sub: #3 posted on Mon, 04/10/2017 - 22:25

ditchdebt ditchdebt

(Posts: 669 | Credits: 254.25)

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