does anyone know of a debt consolidation business that will deal with pay day loan debt?

Answer 1

I haven't a clue just wanted to tell you to check your state's statutes concerning pay day loans as many have outlawed them, so to speak.

If you state is one that has then you do not owe anything on the payday loans you have outstanding.

Answer 2

Practically any type of loan can be wrapped into the debt consolidation process. Common types include finance charges, late fees and overdraft charges, credit cards, personal loans, utility bills, medical bills, car loans, store cards, gas cards and back taxes. A debt consolidation loanold loans are replaced with a new one that has more favorable terms. Your loan consultant will negotiate with creditors on your behalf, so you’ll no longer have to deal with harassing phone calls and daily mail.

Answer 3

If your credit was so bad that you resorted to payday loans, no one is going to give you a consolidation loan. Do you have other debt?

Check this site: http://www.nfcc.org/ . This is Consumer Credit Counseling Service (CCCS), a legit non-profit company that offers free credit counseling. The also have a debt management program available, if you qualify, for no fee. They can look at your finances and advise you how to proceed.

Answer 4

initially, deliver them a letter insisting that they provide up calling your abode. Federal regulation demands that they provide up as quickly as you deliver a letter. as quickly as you're sufficiently in the back of in money, your mastercard employer will supply you a important help in contract. So, based on the type you desire to handle your debt, you could assume this as a destiny decision. maximum individuals have not got the money to pay whilst given such an supply, which makes me ask your self why a super type of banks even supply it. I very seldom advise consolidation or a "pay back" plan because of the fact no mastercard employer will defend your credit for the time of the approach. In different words, on a similar time as you have agreed on some variety of reimbursement so practice your stable faith in being a "stable customer", they keep dinging your credit. For you, 10k might seem as though a mountain, yet I handle human beings for all time that are 25-50 or perhaps over 100K in debt. financial disaster is in many cases the only desire for them. At 10K , it would be complicated to drag the financial disaster card, yet, if that's the only decision it provides you with alleviation.

Answer 5

If you need money fast, then you might be considering a payday loan. Payday loans are a relatively new way to get quick cash and can be a saving grace for people who don't have any other means of getting the emergency funds they need. Let's say your car breaks down and you have no savings to pay for repairs. In this case, one of these loans could provide you with the money you need to get your car back on the road.