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Debtconsolidationcare.com - the USA consumer forum

help me to pay off Payday loans

Date: Wed, 08/17/2005 - 12:35

Submitted by anonymous
on Wed, 08/17/2005 - 12:35

Posts: 202330 Credits: [Donate]

Total Replies: 4


I have several (10)payday loans. I am not able to pay them anylonger, it has been a vicious cycle of getting more loans to pay the interest on the ones I already have. Do I close my checking account and wait to see what happens?
Please help!


Hi Dawn,

By closing a checking account your loan amount will be increasing rapidly and ultimately it won't be of any help. If possible, try to pay off the loans.

If you find it difficult to pay off your loans, you can try a consolidation program also.
debt consolidation is really helpful to combine multiple debts under one loan amount. It also offers easy monthly installments with reduced interest rates and many more benefits.

Please feel free to ask your queries in the forums in future.

Regards
Bryan


lrhall41

Submitted by 4u.bryan on Wed, 08/17/2005 - 13:14

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"debt consolidation is really helpful to combine multiple debts under one loan amount. It also offers easy monthly installments with reduced interest rates and many more benefits."

Hi, I can't find anyone who will do debt consolidation on payday loans. They tell me that the pd loan companies will not work with them.


lrhall41

Submitted by nevadacandles on Thu, 08/18/2005 - 15:24

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Many consumers having financial problems with payday loans got registered with this company. They are working on consolidation program on payday loans.

You can have a look at this thread and realize that payday loan companies work with debt consolidation companies.

http://www.debtconsolidationcare.com/forums/about3544.html


lrhall41

Submitted by ben on Thu, 08/18/2005 - 15:51

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