I was trying to get current on all of my bills and was unable to obtain a loan at a bank. I ended up getting three payday loans online for 300-350 each, and one storefront installment payday loan for $1000. I have to pay $1600 on the installment payday loan, which comes to $210 a pay for eight pays. The other three loans I am paying $90 each (every pay). This comes to approx. $500/pay. I am now behind on my utilities, mortgage, insurance, etc.
I have renewed three times on the small payday loans, and have only made one payment on the storefront loan. All are current.
Should I close my account out and just give my new number to the storefront company? And make payment arrangements with the others?
Are these loans legal in PA?
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