payday loan debt

Alexis, Welcome and you have come to the right site. Give us a little more info. Are your loans storefront or online? What state are you in? Have you paid alot on these loans? There is some excellent advice here. KYSIDE38

I beleive I have 3- 300 dollar loans, all have just had the refinance fees paid, 2-60.00 and one 52.94 these are online, I also have two other online payday loans that are out for 500.00 with 82.95 fees i believe and that is what has been paid on them, there is also a payday loan for 100.00/ finance fee of 30.00 and one for 250.00 and im not sure what that finance fee is these are all online. I have one loan out for 300.00 w/52.94 fee, but I have paid that down to where its 292.87 due on the 31st of Aug with no extentsion...man oh man they say never get a payday loan because you will never get rid of them, boy were they right. Im only 23 have never been totally responsible for my own finances and now i look at what I just wrote and feel totally embarassed to have put myself, children and our lively hood at stake by having this all on me.

i have my online paydayloans out on, 2 with vc funding/and one with an online company but im not sure what there name is and my storefront is speedy cash...and i have gone into debt with them i have paid on them but i need for them to stop debiting my account and have them allow me to set up payments that i send in to them...im not sure they will let me do this without being in default

Hi alexiscarter

There are more possibilities of the lenders not working with you unless you close your checking account and stop them from doing any debit. I don't like giving out this advice but guess, there are no options also. Well, before you close the account, you must call your lenders once and let them know about your payment arrangements. If they sound good and work with you on other alternatives, you won't need to close the account. And if they sound tough, let them know about closing your account. First thing is to inform them about your actions before you take this step. They will try to hold this point against you that you are avoiding their payments, but you aren't. Make sure that you have the arrangement in writing because being pro-active is better than regretting over the mistakes later. I hope sincerely that you are able to work out on this and get positive results. If you need professional advice, talk to a debt counselor also.

I found that advising the pdls of the need to make payment arrangements before closing the acct. was a mistake, because even though they agreed to an arrangement, a few of them debited my acct. anyway, which really screwed my acct. up. When I actually closed the acct., and then told the pdls (before the next debit was due) that the acct. was not longer accessible and debits would not go through, they were much more willing to work things out......well most of them.

There are debt consolidation programs that will accept pdl debt, so this might be a big help to you, as it's the route a lot of people on here have taken.

Things will get better, you just have to take control of the situation. Taking care of yourself and your children are the most important things now, the pdls come second.

can anyone help me I have 3 pdl - and i feel like i'm drowing in fees. i called the number posted on this website but I haven't received any phone calls - how in the world am i going to get out this hell hole?

Karolinne,

Please feel free to register and a counselor will contact you and discuss your financial situation. What are the names of the pdls you have? Are they online or store front? When dealing with pdls, you need to see if they are licensed in your state and that they are following your state laws.

pretty sad that people come here for debt help and theres 2 ads for pay day loans at the top of the page

I have 8 payday loans in virginia they are all online. would it be a good idea to close my checking account now. I get paid direct deposit from my job will it affect my paycheck that i get this friday

Nyah, talk to your hr department immediately and see if they could cut you a paper check instead of direct depositing until you get a new account. After that, absolutely close your checking account. That is the first step. Then in your other posts answer the questions we asked regarding who you are dealing with, how much you borrowed, and how much you have paid back and we can help you further.

will some one please help me i have 4 pdl out 3 are store fronts 1 is online someone please tell me what to do i'm a single mom and i jus t lost my job

Please contact the storefront ones first and explain your situation to them and try to make payment arrangements. The storefronts operate legally and can take you to court. What state are you in and what internet company is this from? How much did you borrow and how much have you paid back? I am so sorry about your job. Try to hang in there.