Need help with payday loans

Hi! I have already sent you the information on the payday loan consolidation company. Check your private message, please.

Talk to your lenders and inform them that you are using a consolidation company to pay off the accounts. They might reject your proposal working with the consolidation company in the beginning. Don't be shaken, they sound that way. But after a couple of payments are sent to them, they become normal.

Let your consultant do the actual negotiations with the lenders. The company might add up some default charges in the beginning of the process but later, it can be wiped off.

Be sure to send the monthly installments set in the program. Do not hurt the plan otherwise you will miss some of the benefits that can be extended in later course of time. Keep in touch with the consultant and pay off the debt as soon as possible. You will be achieving your target to become debt free as you keep making the payments.

Fka,

I went into debt consolidation with my payday loans two months ago. It is a big relief once the ball gets rolling. David gave you some great advice :D

please help me with payday loans, I have gotten into a bind with about 3200 in payday loans drafting the acct which is causing nsf's which is taking most my check. This has cause a chain reaction every pay period I can no longer do this PLEASE HELP me with any sugeestions or a lead to a consultent in payday loans relief.

Hi Susanne

Please signup with this site and then forum members can PM you some useful information.

Regards
Alex

Susanne

i would contact Town & Country for debt consolodation. they seem to have a good reputation in the forums. im hopefuly going to get started with them this week or so. give them a call and just talk to them. once you sign up i can pm u the info.

I've just asked Mishele to send the info on them. Thnak You

I know when I combined all of my payday loans it felt like a big weight was lifted off my shoulders. Good Luck!

I have called TC and they are sending me my paper work this week, i will send off payment, Should I put a stop payment on the intrest of my payday loans that are suppose to hit this week? Or should I wait until the TC company contacts them. I am very low on money and i was wondering when the best time to get a new acct. number and put stop payments on the PDL lenders

Close your bank account as soon as possible. Make sure to let the bank know what checks haven't cleared yet and allow funds for that and have the bank block the payday lenders from withdrawing from your account. Once all checks have cleared you can open another account. Some banks will go ahead and set up a new account.

hi i've been reading your comments and it sounds perfect for me also. but how do go abouts getting set up with these people. can you give me a number or website

I have contacted T&C and will be going with them for debt consolidation of my payday loans - should I contact each payday loan company and let them know I am going through debt consolidation program or let T&C take care of it? I am WU my fee today. I had put a stop payment on all the loans. Will they start calling me next week = Payment was due on Friday March 10. One company I talked to said to ignore them and they will do the rest... (Hess) I am scared of thesd people....

Hi, Would you email me the information for T&C, I'm going tothe bank Monday and close this to stop anydrafts as suggested, I will also stop mydirect temporialy. ? I also have 1 creditor on my back about a vechicle that I let go back they are saying I still owe them 9000+ I voluntarily gave it back and they then auctioned it, Do I have to pay then the money they say I still owe for this truck. they got over 8800 from auction.
Thank You
Susanne

I also have the same question as oh2benc2. Do i need to let the payday companies know that im doing consolidation or will T&C take care of that? Im also worried about the calls. how soon after you missed making your extension payments do they start calling?

Leteaglesfly,

I just pm'd you the info on T &C . Let us know how you are doing in the upcoming days. :)

Guest,

You will need to register with the forum so someone can pm you the information on the debt consolidation program. :)

I would first let the debt counselors send out the proposal letters to the creditors so they can send something out. You can e-mail them or call them to let them know you will be working with T &C on your account. Just let them know to direct all questions to T &C and give the creditor their phone number. 8)

Hi Mishele,
Will you please send me the info as well?

Thanks! Sue

I sure will Sue :D

Does debt consolidation hurt your credit or does it help in improving it? And how do payday loans effect your credit. I was told that going into debt consolidation hurts your credit at first but then it improves it in the long run. Also im assuming I cant use my credit cards once i enter the program?

fka,

debt consolidation is helpful to improve your credit in the long run. When the process is going on, your credit report might show that the accounts are under consolidation. But this remark is quiet good in comparison with default, charged-off or collection. Your creditors will understand that you are not ignorant to your bills.

Credit cards are made inactive temporarily for the sake of the service. Your counselor sets the payment plan depending upon the total amount of debt. Now if you continue to incur more and more after entering into the program, you will not be able to see the benefits of consolidation. As a result your debt free days will be delayed.

Once all the accounts are paid in full, there is no problem in using the cards any more. Hope this helps.

stanley thanks for the response..would you say it is a good idea to keep one credit card out of the consolidation program so that i may use it in case of an emergency? do they allow this or do all of your accounts have to go into the consolidation program?

You can keep any of your account out of the program; there is no hard-and-fast rule with this.

You can keep one of your cards aside for emergency. IMO, you can discuss this issue with your counselor too. The counselor can suggest which one not to be included in the program, so that you do not face any problem in future.

I have about 1500.00 in payday loans, can these people take me to court and pursue charges, should i close my account or tell the bank to suspend all ach transactions from the payday lenders, i need help fast this people are driving me crazy, i am so worried that i have been under a lot of depression and taking meds due to this. please help.

:cry: :( :shock: :? :oops: :cry: i need help with payday loans paying them off who can i call, it is gotten so bad that i have to take medicine becuase i am under depression from this, i am having financial hardship, right now. help me tell me what i do? are these debt consilidation programs legitimate?

Hello Guest,

Please sign up, so that the forum members will be able to PM you.

Thanks,
Stella :D

edited by vikas:
Deleted the post by ipaymybills.

Please read my response to ipaymybills post on:
http://forums.debtcc.com/halloffame/shirley.html

It was a similar post and I did not want to waste my energy replying to him again over here.

Warning to ipaymybills:
Please do not test our pateience. One more of such posts and we will have to ban you.

Help! I have payday loans too and need to get off this merry go round! I have $2100.00 in loans due. Where do I get the info the other posters have talked about?

I just recently enrolled in a debt management program with ACCC and have made two payments and getting ready to make a third. I didn't know about adding payday loans. Can I? I didn't tell them about them, because, of course, I thought I'd be able to pay them off. Should I try another separate company for the payday loans or see if I can add them on the ACCC program?

sheltymama,

Ask your consolidation company if they will help you consolidate payday loans. It will be easy for you to deal with one company. If they don't, PM me for more info.

what do i need to have on hand when i contact T&C? i WANNA GET THE BALL ROLLING ASAP.

You should have all of your bills and any information that would be useful.

if you have any payday lenders try and get their addresses and phone numbers. you can find most of them through searching the forums and post topics for the ones you're having trouble finding and others will help you

What is the number of T&C Im desparate

Tam, you will need to register to the forum and someone can PM you the information.

What can I do to consolidate my payday loans I have about 6 loans and it's costing me hardship for my family have lots of NSF's and no check left over how can I payoff these loans?

TINYMEANE76,

i have sent you a PM with the contact information for T&C. I have 13 payday loans out right now which total to about 3000. I am working with T&C to consolidate these

IAM BEING HARASSED BY THIS COMPANY NAME SPELLMAN & ROMAN SAYING IF I DON'T PAY THEM I'M GOING TO BE PICKED UP AT MY JOB AND BE TAKEN TO JAIL.I NEED SO ADVICE , I WAS PAYING THEM 75.00 EVERY TWO WEEKS AND THE LADY SAID THAT WASN'T ENOUGH AND SHE COULD LOSE HER JOB SO SHE SAID STOP PAYING AND I DID.

Non-payment of a debt is a civil matter and not a criminal matter, they are flat out lying to you in an attempt to scare you into paying them!