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Consolidating Payday Loans into Debt Management Plan

Date: Wed, 05/02/2012 - 05:09

Submitted by anonymous
on Wed, 05/02/2012 - 05:09

Posts: 202330 Credits: [Donate]

Total Replies: 1

Consolidating Payday Loans into Debt Management Plan


I was just curious is this is an option. I am currently in a debt management plan and have some payday loans. I had read somewhere else on this forum that you could do that. Just curious....


I don't recommend it.

Legal lenders won't usually agree to the DMP and illegal ones don't care.

Are your lenders even legal? What state are you in? Who are the lenders? How much did you borrow from each? How much have you paid to each so far? Are they internet or storefront lenders?


lrhall41

Submitted by OhioGal1 on Wed, 05/02/2012 - 05:25

( Posts: 5253 | Credits: )