I have several payday loans. We got caught in a b

I have several payday loans. We got caught in a bad situation and now I'm just swimming trying to pay the fees each month. I will pay, but is there anything I can do to increase the amount of time to pay them off. I just never see this ending.

1 Answers

You haven’t mentioned the name of your state. Anyways, you should check whether or not pdl companies are licensed in your state. If they are licensed, then you will have to pay the principal along with interest and fees. Otherwise, you are required to pay only the principal amount. If you have already paid more than the principal amount to the illegal lenders, then ask them for the refund. If you are in a financial hardship, then try to arrange a better repayment plan with your lenders. You may also get help from a debt relief company.


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