how do i get rid of four loans without being broke
Date: Tue, 03/13/2007 - 11:52
i have four payday loans, 1 through the internet, and three directly from the store, totalling about $1800, three have already gone to collections, and two are threatening legal action, how do i avoid any further recourse by them and get out of this debt???
You should call the companies and put your payment proposals. Ch
You should call the companies and put your payment proposals. Check the charges added on the loan. It should be according to the laws of your state. Most internet loan companies add illegal interest rates and excessive fees. You need to make sure that the companies you are dealing with are not violating any laws.
Give more preference to the storefront lenders because they mostly follow the laws and can be quick in taking you to the court. IPDL companies can wait for a while.
