payday lans

I have like 6 payday loans and 3 are online but i have 3 local in my city is there a way i can negotiate with those to make smaller payments. Im afraid i will lose my car if i dont get these in order, im drowning in debt with them.

3 Answers

What state do you live in? What are the names of the pdl companies? How much did you borrow from them? Are your lenders licensed in your state?


You can obviously negotiate with the payday loan companies to make smaller payments. You can even enroll into a payday loan consolidation program to reduce your monthly payments. However, do check of these companies are legal in your state. 


What state do you live in and who did you borrow it from?

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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