loan consolidation

I should rephrase my question. Does anyone know how I should get rid of my payday advance loans. they are killing my day to day bills. I have gotten into a bad habit. I thought about taking out a long term personal loan to rid myself of the immediate problem, but due to my poor credit, I am having a hard time getting approved. Any suggestions??

Hi andyhennes

Welcome to the forums. I went through your post and understand that you may be having a tough time in getting a long term personal loan. A poor credit history can have devastating effects. It will result in high interest payments, massive problems in obtaining a loan, a credit card or even to buy a home.

Please get your personal credit report from the credit bureaus. It provides a complied and updated data from more than 15,000 different data sources each month so that you can know the latest status of your credit history.

Please have a control over your existing debts by putting it under the debt consolidation program. Under this program, you can consolidate all your unsecured debts like payday advance loans into one loan amount. This consolidated loan will be paid in easy monthly payments at lower rate of interest. After your debt gets cleared, you will have an improved credit report and thus have an open opportunity for a long term loan.

Please register yourself at the home page of this site to get in touch with the consultant in your locality. He will analyze your financial position and lay out the best payment plan suitable to your needs.

If there is anything further that I can assist you with, it will be a pleasure.

Regards
Roxette

Hi andyhennes
Welcome to forums.

You have written that you have fallen in the debt trap of payday loans. Since you are very much eager to get out of this debt trap what you have to do is follow this simple steps:

i. You have to budget your expenses.By budgeting your expenses you can be save a good amount of money. The extra money which you will save may be applied in paying off the loan amount in addition to the normal monthly payment you will pay.

ii.Since you already have a loan please do not take any further loan. This will make your way to get rid of debt much difficult.

iii.If you find that you cannot save money then you can enroll yourself in a debt consolidation program. This site as i know has a signupform.

Register yourself as a member and a debt consultant of your locality will get in touch with you soon. As far as i know this site offers free service to its consumers.
In addition you can call the customer care personnel in this toll free number- 877-NO-DEBT-8.

Hope to hear from you soon
Peter