Debt Consolidation Forums Payday Loan help forums

Best way to pay off multiple pay day loans

Anonymous
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I am in over my head with payday loans. Need to know best option to get out from under this. Thought of debt consolidation, but seen your response on a site that said not to do that. I need help bad!!!!




Come with more information to get the best help like Name of the payday lenders, your state, income status etc.

Sub: #1 posted on Mon, 10/16/2017 - 18:44

sanderspatricia29 sanderspatricia29

(Posts: 558 | Credits: 58.49)

Hey there,

Which state are you from? what is your total debt amount? Tell us the names of your payday loan lenders...

Sub: #2 posted on Mon, 10/16/2017 - 19:31

Barbara Delinsky Barbara Delinsky

(Posts: 240 | Credits: 23.81)

I am in the same situation. In over my head in what they call short term installment loans. I live in Indiana and have loans with plain green, spotloan, big picture loans, mobiloans and bluetrust loans. Any help would be greatly appreciated.

Sub: #3 posted on Mon, 10/16/2017 - 20:18

Unregistered


You need to pay only the principal amount to the illegal payday lenders.

Sub: #4 posted on Tue, 10/17/2017 - 18:46

sanderspatricia29 sanderspatricia29

(Posts: 558 | Credits: 58.49)

You can check your states' payday loan laws here - https://www.debtconsolidationcare.com/paydayloan/explain- pdls-laws.html (just select your state from the drop down)
Hope that'll help.

BTW...plain green is illegal in indiana.

Sub: #5 posted on Tue, 10/17/2017 - 19:18

Barbara Delinsky Barbara Delinsky

(Posts: 240 | Credits: 23.81)

Is there a way to legally stop the payday company from continuously running the amount on your loan through your checking account?

Sub: #6 posted on Thu, 10/19/2017 - 03:19

Unregistered


Thank you.

Sub: #7 posted on Thu, 10/19/2017 - 15:13

Amy Amy

(Posts: 2 | Credits: 0.3)

Ask the payday lender to stop taking the withdrawals, or inform your bank to stop payment on the withdrawal. If they don't follow your instruction, then you have to close the account.

Sub: #8 posted on Thu, 10/19/2017 - 16:42

sanderspatricia29 sanderspatricia29

(Posts: 558 | Credits: 58.49)

You must revoke the ACH to stop the lender from taking money from your checking account.

Sub: #9 posted on Fri, 10/20/2017 - 17:35

Barbara Delinsky Barbara Delinsky

(Posts: 240 | Credits: 23.81)

I live in Indiana and have loans with plain green, spotloan, big picture loans, mobiloans and bluetrust loans. Any help would be greatly appreciated.


All of them are illegal.

Sub: #10 posted on Fri, 10/20/2017 - 17:40

ditchdebt ditchdebt

(Posts: 648 | Credits: 251.77)

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