pay day loan help on saving money

There are a few like PDL Assistance , Langhrone debt solutions and T&C. They all will help you to establish a savings program that will be used to pay off your debts over a period of usually 6 to 12 months. They hold the money in another account so they make sure you don`t spend it when you need to be saving it to use to eventually settle with the pay day loan companys. You will have one monthly payment and the amount you will pay back is typically between 30% and 60% of the amount owed when you joined the program. These companies have bills to pay just like you so yes they charge some fees up front and it could take 60-90 days sometimes for your first settlement. You will save more money doing this on your own and this site has all the info you need if you want to try and do that.But if you don`t want to deal with the hassle of settling on your own you may want to hire one of these companies to help you but expect it to take a little longer to rid your self of the debt because you will pay some fees to these companies who do all the dirty work for you.

Either option is good depending on what you want to do.They are all good but honestly you can settle these PDLs on your own and save more money.

There are a lot of people on this site who have had great results settling their PDLs on their own. People can help walk you through each step you would need to take. Whichever way you decide to go, good luck!

Welcome Rico,

The thing about hiring outside companies is that you will pay extra fees to pay off PDLs that are probably ILLEGAL. So think about it. Some folks here are afraid of confrontation, so they hire these PDL consoodation companies to do the job, but what they don't know is even after hiring them, they will still get a call from a PDL here and there. So in the end you really are handeling it yourself..does that make sense? Anywayz, you have to due what is most comfortable for you and what you think is best. Best of Luck :)