I have about $4000 in payday loans and cant pay on them anymore. I need help out of this mess. If anyone can help, please let me know asap!
2007-11-08 12:13:14 · 0 answers · asked by Trouble 1 in Business & Finance ➔ Credit
Check this article from the NY times.
2007-11-08 12:31:06 · answer #1 · answered by Steveo 5 · 0⤊ 2⤋
Payday Loan Relief
2016-12-08 12:17:17 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Payday Loan Consolidation
2016-09-29 10:13:33 · answer #3 · answered by ? 3 · 0⤊ 0⤋
Stop payments on any checks they have.
Drop off a letter and mail them a certifed letter stating payment on those checks has been stopped.
The first thing, if you want to fix this mess, you have some work to do. Get organized. Limit phone calls. Do everything in writing. Keep copies of your letters and certified mail reciepts. Keep a log of all your activites of letters and calls, who you talk to and what time.
Write a letter stating you can no longer make payments. Notify them to only communicate with you in writing.
They will default the agreement and send it to a collection agency. Is your credit already bad? If not you will want to try to settle the account. Could you pay 2000. They may take that. Again get everything in writing, and keep copies.
I don't think you need a settlement company.
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2007-11-08 12:38:33 · answer #4 · answered by Gatsby216 7 · 1⤊ 0⤋
Pay Day Loan Relief
2016-06-20 12:08:16 · answer #5 · answered by ? 3 · 0⤊ 0⤋
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2015-08-17 08:45:14 · answer #6 · answered by Marhta 1 · 1⤊ 10⤋
This is a good question
2016-07-30 06:47:33 · answer #7 · answered by Anonymous · 0⤊ 0⤋