member profile picture

I currently have (2) online payday loans that are killing me and my young family... I don't know how to get out of this cycle... I got the 1st for medical bills and general supplies during a short layoff and I got the 2nd to pay for the 1st... but now I am just paying the fees on both. Can anyone steer me in the right direction?

At first tell us what are the names of the pdl companies? Are your lenders licensed in your state? If not, then you owe them nothing more than the principal balance. No interest, no fees. In this case it would be better for you to close down your old bank account and open a new one to stop debiting money from your account. But if your lenders are licensed, then you are liable to pay them the principal as well as the interest. In this case you may try to negotiate with your lenders and set up a payment arrangement with them.

Sub: #1 posted on Mon, 01/13/2014 - 10:32


More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.

Share post

Page loaded in 0.619 seconds.