pay day loans and debt consolidation
Date: Thu, 11/05/2009 - 18:56
Before you include the PDLs in your consolidaton, may want to se
Before you include the PDLs in your consolidaton, may want to see if they (PDL) are legal. In Ohio all out of state internet PDLs are illegal. So first I would check with your states AG regarding PDLs and then consult with the company doing your consolidation. The reason I told you to check the legality of the PDL, you may be liable for the principal only, not the fees.
Quote:Originally Posted by cindy stooksburycan you include payda
Quote:
Originally Posted by cindy stooksbury can you include payday loans that are deducted from your checking account every pay period with the debt consolidation? |
Yes, you may, though it'd depend on the specialization of the consolidation firm. But payday loans are not legal in every state and also not all the lenders are licensed to operate in all of them.
Which state are you from? And, who are the lenders?
I wouldn't pay a debt consolidation company to do what you could
I wouldn't pay a debt consolidation company to do what you could do FREE. Besides, if any of your lenders are not licensed, the likelihood of them working with a debt consolidation company is zero to none.
OK people i need help. I am in bankruptcy right now and i just g
OK people i need help. I am in bankruptcy right now and i just got 3 pay day loans
1 for 400 with Pay Day One the 2ND 1 is with USA Cash Net was 200 but got it down to 70 and some change now and i have another one 200 with Speedy Cash. I only work part time and i want to pay them but my car need to be fix so i am going to have to close my account and fix my car. I live in Dallas TX what can i do i dont want to go to jail because i cant pay them and i dont want to call me Attorney is i am in Bankruptcy's with..