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Debtconsolidationcare.com - the USA consumer forum

PDL debt consolidation

Date: Wed, 06/16/2010 - 23:58

Submitted by anonymous
on Wed, 06/16/2010 - 23:58

Posts: 202330 Credits: [Donate]

Total Replies: 3


I live in NC and have 6 internet based PDLs. I am considering a debt consolidation company (Langhorne Debt Solutions) to help me get out of the cycle of debt. I am questioning the legitimacy of this though. I have read that PDLs are illegal in NC. I have already paid more than the principle back in the form of fees for all but 2 of these loans. Should I use a company like Langhorne to try to get back on track or should I just close my account and revoke withdrawal privileges from the loan companies since I have paid my debt and their fees/interest are at least 400%APR? I really need to stop these loans from constantly rolling over and costing me more and more money. Please help!