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ddours
Joined: 23 Sep 2008
ddours's page
Posts: 1
36 Magic Points
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Subject: How can I get out from under 8 pdl?
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Tue Sep 23, 2008 8:00 pm
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| I need to get out from under these payday loans fast. Help, what can I do, where can I go for help without getting scammed and actually getting the pdl paid off? |
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goodnatured
Joined: 03 Nov 2007
goodnatured's page
Posts: 3733
3 Magic Points
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Wed Sep 24, 2008 1:56 am
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Who are your loans with? How much have you paid? What state are you from? Every state has different laws with these payday loans.
_________________
Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Wed Sep 24, 2008 11:36 am
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| Gn asked some very important questios here. We would need to know a little more detail since the workings of payday loans vary from state to state. Some states for instance only allow up to 2 legal loans and other states they are illegal all together. Soem already have a cap on the amount of interest they are allowed to charge. So you see this is why it is important for you to disclose a little more detail. |
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goodnatured
Joined: 03 Nov 2007
goodnatured's page
Posts: 3733
3 Magic Points
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Thu Sep 25, 2008 2:33 am
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Hopefully they will come back on and let us know the names of this companies, I would really like to help on this one.
_________________
Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online |
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anthony
Joined: 31 Jul 2006
anthony's page
Posts: 550
13573 Magic Points
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Thu Sep 25, 2008 6:51 am
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Hi ddours
Payday loans come with very high interest rates and so it puts you in vicious circle of debt. Hence, it is always better to pay off your payday loans as early as possible. Now since you already have 8 payday loans, I would suggest you to go for a debt consolidation loan to pay off your debts. The debt consolidation loan comes with much lower interest rates than payday loans and consolidates all your loans into a single loan account enabling you to keep track of your debts and make timely payments.
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Anthony Marx
A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible. |
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Justin
Joined: 17 Jul 2006
Justin's page
Posts: 1093
25288 Magic Points
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Fri Sep 26, 2008 6:39 am
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I think that Anthony is correct. You should pay off these payday loans as early as possible because the interest charges on the existing debt will add to the principle value of the loans and will increase it to astronomically high levels. You can go for a debt consolidation loan to payoff these payday loans as Anthony said. Alternatively, you can take a take some advance from your employer or your friends and relatives and pay them back on getting your pay.
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All the Best 
Justin |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Fri Sep 26, 2008 5:15 pm
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| Usually when people have to turn to payday lenders bill consoladation through a bank isn't an option. I know payday loans are the hardest to get out from under but what other options are there if there is no family, the boss will not advance or you can not get a bank to consolidate? There has to be another way for the poster to get back on their feet. |
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goodnatured
Joined: 03 Nov 2007
goodnatured's page
Posts: 3733
3 Magic Points
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Sat Sep 27, 2008 12:52 am
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They don't like to cooperate with any plan, some of them are just down right ruthless when it come collecting their ungodly fees.
_________________
Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online |
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erb1953
Joined: 31 Dec 2007
erb1953's page
Posts: 621
-55 Magic Points
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Sat Sep 27, 2008 11:16 pm
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| you have come to the right place for help, just give the information that they have requested and you will get some really good advice. |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Sun Sep 28, 2008 3:41 pm
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| I would love to find a way out for this poster. Everuy time IO think of the fees attributed to pay day lenders my temp raises about a thousand more. |
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Johnkate
Joined: 18 Feb 2009
Johnkate's page
Posts: 1
21 Magic Points
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Wed Feb 18, 2009 9:19 am
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| I have no idea how to get rid of payday loan, but you should have chosen a company which has easy online payday loan at Speedycash.com |
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