How do I pay off these payday loans while still leaving me enough money to pay for all of my other expenses?
Question by Kats: How do I pay off these payday loans while still leaving me enough money to pay for all of my other expenses?
I got sick and called off work for about a week and turned to payday loans to cover what days I have missed. I received $ 700 from three lenders, this means with finance charges, I owe about $ 1000 back to these lenders. I cant afford to pay them back. I knew getting payday advances was not a good idea but I needed the cash at the time. My credit is not in the best standing, is there any way to consolidate this debt to make it more reasonable than to pay the interest rates they provide?
Best answer:
Answer by ptrobrn
PAY THEM OFF NOW AND DONT EVER USE THEM AGAIN!!!!!!!!!!!!!!!!!
These are not like credit cards and bank loans they have major late charges and huge interest rates… only the stupid use these places.
What do you think? Answer below!