does anyone know of a debt consolidation business that will deal with pay day loan debt?
Posted by Financial Advisor | Filed under Debt, Loans & Mortgages
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Posted by Financial Advisor | Filed under Debt, Loans & Mortgages
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.
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.
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 loan