payday loans
Date: Thu, 03/24/2011 - 14:27
How can I best consolidate the seven payday loans I have and pay them off, without paying the 800% finance charges? I want to pay them back their money, but I cannot afford to pay $180.00 every two weeks, and $75.00 and $ 89.00 and so on...
You haven't mentioned the state you live in. You need to check o
You haven't mentioned the state you live in. You need to check out whether or not payday lending is legal in your state. If it is illegal in your state, then you won't be liable for paying any finance charges to the payday lender. If they are legal in your state, then you need to pay off the principal as well as finance charges. If you're facing a financial hardship to do so, I will suggest you to have a word with the local debt relief companies and consolidate your payday loan. They will negotiate with your payday lenders and see to it that your finance charges are reduced or forgiven.
