I live in Texas. I have 5 PDLs. Three storefronts and 2 internet. I have been paying interest, principle, and reborrowing to cover these loans for over a year. I need to do something quick. I recently had a major repair cost on my vehicle and had to reborrow to cover everything. My interest alone pretty much eats my paycheck every time at this point.
1. Advance America $1000/current 2. Ace $1000/current 3. Check N Go $1000/current 4. CashNetUSA $1000/current 5. Payday Max $500/current
My next payday is 08/07 and I will be in a serious bind if I pay only the interest on each loan.
I would appreciate any guideance anyone may have on how to approach solving my predicament. I have had my bank account for approximately 12 years with Chase. Does anyone have any experience with any of these companies with obtaining extended payment plans?
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