4 online payday loans, help!!
Date: Wed, 07/07/2010 - 08:09
Hi,
I currently have 4 online payday loans:
Loan Shop 250 borrowed 75 paid
UsFastCash 400 borrorowed 120 paid
One click Cash 450 borrowed 725 paid
The Cash Spot 600 borrowed 450 paid
I have previously taken out loans with each of these companies and repaid in full. I can't however continue to make these current payments without falling completely behind on other bills. I am more than willing to pay them all what I owe, but can't do so twice a month and at such high interest. Should I contact them and try to work out monthly payment arrangements or will they not accept my offer?
I currently have 4 online payday loans:
Loan Shop 250 borrowed 75 paid
UsFastCash 400 borrorowed 120 paid
One click Cash 450 borrowed 725 paid
The Cash Spot 600 borrowed 450 paid
I have previously taken out loans with each of these companies and repaid in full. I can't however continue to make these current payments without falling completely behind on other bills. I am more than willing to pay them all what I owe, but can't do so twice a month and at such high interest. Should I contact them and try to work out monthly payment arrangements or will they not accept my offer?
New York does not permit pay day lenders at all. Therefore, you
New York does not permit pay day lenders at all. Therefore, you only have to pay the principal. There is a wonderful article by Shazzers on how to deal with illegal payday lenders, just do a search on this site.