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pay day loan consolidation good?

Date: Fri, 09/17/2010 - 06:11

Submitted by anonymous
on Fri, 09/17/2010 - 06:11

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Total Replies: 2


Does anyone know if Pay day loan consolidation is a good idea? I have heard it might not be. Please help!


Quote:

Originally Posted by Anonymous
Does anyone know if Pay day loan consolidation is a good idea? I have heard it might not be. Please help!



I had 7 internet payday loans totalling $3,200. I checked into different consolidation company. One company wanted $1,600 in fees and the other company wanted $1,500. I decided to go it alone because why should I pay someone $1,500-$1,600 in fees for something I can do. I read advice on this forum and followed it. Today, I have 3 internet loans that I am still dealing with, but I am only paying the principal and NOT the high fees they are charging. You can do it. Just read this forum and follow their advice.


lrhall41

Submitted by Lizzie1014 on Fri, 09/17/2010 - 06:19

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