Ok, so I was very stupid to start taking these loans in the first place. The first one was ok, it was through a reputable company, and for a $500 loan, I ended up paying $600. Not bad. But then I started taking out loans through these on-line places. Between my wife and I, we have 7 out and are paying almost $1000 a month. For some of them I'm paying $90 every two weeks, and that has'nt touched the principal yet. Does anyone have any suggestions as to how I can out from these ASAP. I've thought about debt consolidation. I tried to get a personal loan from my bank to pay the payday loans off, but I was denied. Anyone who has been in similair circumstances and has some advice, it would be very much appreciated. Thank you.
2006-12-19
05:38:29
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8 answers
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asked by
Anonymous