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Too high payments - How to manage pdls

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Posts: 1
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I have a loan for $550. That I have to pay $121.00 every two weeks for 6 months, plus I have a $1700. Loan that is $177.00 a month for 13 months.

You didn't mention your location. Check out if PDL is legal in your state. If it is legal in your state, then see if the extended payment plan (EPP) is available.

You can also consider debt settlement program to get out of your PDLs.

Sub: #1 posted on Tue, 02/21/2017 - 17:48

sanderspatricia29 sanderspatricia29

(Posts: 606 | Credits: 63.61)

If your pdl is illegal, you just have to make the principal payment. So, check out how much you have already paid and whether or not it's a legal pdl.

Sub: #2 posted on Thu, 02/23/2017 - 17:28

Good Nelly Good Nelly
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(Posts: 2659 | Credits: 531.75)

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