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Payday Loan Help - Consolidation/Lower Payments

Date: Sun, 08/13/2017 - 22:20
Submitted by Brittany Fletcher on Sun, 08/13/2017 - 22:20
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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.


Submitted by SC on Mon, 08/14/2017 - 00:39

SC

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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.


Submitted by waffles on Tue, 08/15/2017 - 09:13

waffles

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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.


Submitted by Barbara Delinsky on Wed, 08/16/2017 - 04:53

Barbara Delinsky

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