I have about 5 loans out from pay day loan places. I feel so stuck and I know I got myself in this situation, but do you have any advice on how to consolidate them? Any websites or places that might be able to help me? I dont mind paying them off, but I would rather pay off one large loan rather than a bunch of small ones. Any advice?
2007-03-29 16:53:20 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
There's many places that will try to help you consolidate your debt, though you may need to pay some upfront fees. I personally consolidated my debt through Primerica Financial Services. They didn't require any upfront fees. They just gather my info and sent it to Citicorp Trust Bank for analysis. After that, Citicorp gave me a solution on how to pay it off faster. It is your decision on whether you want the loan or not base on the debt solution given.
2007-03-29 18:33:25 · answer #1 · answered by Anonymous · 4⤊ 0⤋
You need bigger advice than how to get a consolidation loan. Really, you should think about getting a second job or selling some of your stuff in order to get income to pay off things as quickly as possible. You need to reduce all your expenses and keep a journal so you know what you spend money on. Further, you really need to learn how to budget, so this won't happen again. It's the little things that get you, like getting coffee out for $3 every workday is $750 a year. I wish you luck.
2007-03-30 04:39:29 · answer #2 · answered by Katherine W 7 · 0⤊ 0⤋
Depending on your situation you need to consider one or two things. Firstly if are making repayments that is fine. If you have a little left over then that should go towards your lowest debt. Keep doing this until all debts are paid. Secondly if you don't a consolidation loan will give you a manageable repayment. Trick is though to then save a little cash for any upsets. My profile has more information if you need it.
2007-03-30 00:26:12 · answer #3 · answered by Ads 2 · 1⤊ 0⤋
here is the perfect place for financial tips and advice to pay of the loans or to consolidate them into one easy payment... http://www.helpgetfunded.com
2007-03-30 00:22:50 · answer #4 · answered by antivinegar 2 · 0⤊ 0⤋
Get a second job, pay them off and vow never to use those places again!
2007-03-30 00:01:18 · answer #5 · answered by freekin 5 · 0⤊ 0⤋
how much did you earned?
how big is your loan?
worked it out!!
2007-03-30 00:03:55 · answer #6 · answered by Dreamweaver 5 · 0⤊ 0⤋