Need help in negotiating 4 payday loans

Date: Wed, 05/17/2017 - 19:33

Submitted by Pat45 on Wed, 05/17/2017 - 19:33

Posts:
Credits:
[Donate]

I have 4 payday loans - totalling about 2,500. I am not able to make the bi-weekly payments anymore due to a hardship in the family. But, I would like to settle with them at a reduced amount. Can you help negotiate this?

Total Replies: 4

I would suggest you to settle

I would suggest you to settle legal payday loans and ignore the illegal ones. Call your lenders and tell them it isn't possible to pay the total amount due to financial hardship. Inform them how much you can pay.

Submitted by SC on Thu, 05/18/2017 - 00:04

( Posts: 3937 | Credits: )

Are they legal in your state?

Are they legal in your state? If the payday loans are not legal, then paying the interest rate is not recommended. Please revert back with more details- your state and name of lenders.

Submitted by Sanders Patricia on Fri, 05/19/2017 - 05:13

Sanders Patricia

( Posts: 1241 | Credits: )

Hey, why don't you just look

Hey, why don't you just look into this URL - https://www.debtconsolidationcare.com/paydayloan-settlement.html
I hope you'll find all your answers :)

Submitted by tiarajoseph11 on Fri, 05/19/2017 - 04:30

tiarajoseph11

( Posts: 473 | Credits: )

If you want to get rid of

If you want to get rid of your legal pdls, you can opt for settlement. Though the score may drop a bit, it'll help you manage your finances better, and in turn, your score will increase gradually.

Submitted by Good Nelly on Fri, 05/19/2017 - 06:58

Good Nelly

( Posts: 2846 | Credits: )