I am in the state of Alabama. I currently have 4 payday loans with the following companies:
easy money $500
complete cash $500
advance america $500
check depot $500
I have read several of the posts on this forum, and I am not for sure how the letters will help me out of my payday loan cycle hell. I can not close my account, I read the Alabama Payday loan laws, and it says can only be prosecuted if the account is closed, so I don't want to be in any legal trouble possibly go to jail. I don't think the payday loan consolidation thing will do anything but keep me in the same cycle I am in. Please help!!!
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