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Can I get one low monthly payment to repay payday loans?

Date: Tue, 05/09/2017 - 17:40
Submitted by Danyblake on Tue, 05/09/2017 - 17:40
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I am in financial hardship was out of work for 2 months and was in numerous pay day loan places. one wouldn't work with me I think they are taking me to collections the others are being paid. I need 1 low monthly payment to get them paid but still able to make all my other bills that I have neglected due to these. thank you tom rahn


Which state are you from? Is payday loan legal there? If yes, take out a consolidation loan and pay off your payday loans in full. Once you're debt free pay off the other loan as per your affordability.
If not, then repay the principal amount only.


Submitted by tiarajoseph11 on Wed, 05/10/2017 - 07:00

tiarajoseph11

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Since you didn't mention the name of the state you live in, I can't give you the exact solution.

The thumb rule has already been told by Goog Nelly.

I just can suggest you not to take out payday loan anymore.

Do you have a job right now? If no, then talk to the lender and explain your financial hardship. You may get easy payment option or extended payment period.

If you have a job, then paying off your debts should be your first priority.

Next time come with every detail to get the best answer.


Submitted by Sanders Patricia on Thu, 05/11/2017 - 04:26

Sanders Patricia

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If your payday loan is not legal, you're supposed to make only the principal amount and get rid of the pdl.
If your pdl is legal and you can't pay off the amount in full, you can opt for settling them and becoming debt free.


Submitted by Good Nelly on Thu, 05/11/2017 - 04:05

Good Nelly

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