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Payday Loan Help - Consolidation/Lower Payments

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I have 3 open loans:

Money Lion: $400
First Cash Direct: $400
Harvest Moon: $250

How can I consolidate these loans into 1 payment? I live in Texas




Money Lion - Legal lender
Harvest Moon is wholly owned by a federally recognized Indian tribe.
First Cash Direct - Not much information is available. They have stopped offering services online as a Credit Access Business. Seems to be illegal.

You can consolidate your legal loans through a debt consolidation program. Pay only the principal amount to the illegal lenders.

Sub: #1 posted on Mon, 08/14/2017 - 00:39

SC SC
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(Posts: 3937 | Credits: )

Instead of consolidation, you can ask the money lion for an extended payment plan. If they agree, you can pay off the loan.

And just pay the principal amount o the others as theyare illegal lenders.

Sub: #2 posted on Mon, 08/14/2017 - 06:00

sanderspatricia29 sanderspatricia29

(Posts: 850 | Credits: )

Pay the Money Lion the full price. The others you've likely paid beyond the principal and you can file ACH block with the bank as long as you have.

Sub: #3 posted on Tue, 08/15/2017 - 09:13

waffles waffles
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(Posts: 1697 | Credits: )

I agree with all of them. Pay The Money Lion fully, you can choose a debt consolidation program if you want to.
For other two, if you've paid enough which can be considered as the principal, stop paying more immediately and revoke ACH.

Sub: #4 posted on Wed, 08/16/2017 - 04:53

Barbara Delinsky Barbara Delinsky

(Posts: 349 | Credits: )

Consolidation or settlement - Actually depends on your financial condition.

Sub: #5 posted on Wed, 08/16/2017 - 06:29

Mabelle Page Mabelle Page

(Posts: 177 | Credits: )

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