I have about 15 pay day loans Does anyone know how I can consolidate these loans? - payday loan leads
I'd get a situation where I needed money and was led to a payday loan to another and another to another and now I'm in a huge hole anyone know where I can a consolidation loan with bad credit Bill, I do not know what to do .. I heard some people B repay a loan and the credit can go to jail, but I can not go to jail, I have three children, and no one to help me and my children has a disability. I would appreciate any help someone can me
Tuesday, January 12, 2010
Payday Loan Leads I Have About 15 Pay Day Loans Does Anyone Know How I Can Consolidate These Loans?
4 comments:
Consolidation loans often reduce the monthly payment by extending the loan over the repayment schedule of 10 years, the federal standard with a loan. Depending on the amount of the loan, the loan will be 12 to 30 years. (10 years for less than $ 7500, 12 years for $ 7,500 to $ 10,000 15 $ 10,000 $ 20,000, 20 years at $ 20,000 to $ 40,000, 25 years for $ 40,000 to $ 60,000 and 30 years for 60,000 U.S. dollars or more. diminished) Monthly payment by the loan repayment for certain borrowers. However, by lengthening the term of a loan the total interest paid is increased.
Under certain circumstances (eg one or more of the loan was repaid within 10 years because of minimum payment requirements), a consolidation loan may be your monthly payments without extending the loan less than 10 years. In fact, the short-term loan is extended to 10 years. The increase in total interest paid when you make the monthly payment as before, all in this case continues toAmount of interest paid will decrease.
The interest rate on consolidation loans is the weighted average interest rate loans consolidated, rounded to 1 / 8 of one percent and a maximum of 8.25%.
http://loan-house.we.bs/loanconsolidation.html
http://loan--house.blogspot.com/2008/03/loan-consolidation.html
Oh, sorry. Speak Maybe with them and ask for extensions, and you can gradually take care of little, to pay for them. Ask help your church. The most important thing is to out of debt. Like a loan, bad credit try Central. I do not know what to say else too. Good luck!
U is not used to go to jail can bankrupt your only option is a bank loan or small business
Ok, take a deep breath. First, you are more likely than not to prison. People do not go to jail for a debt not paid. Secondly, it is very difficult to get a consolidation loan if you have bad credit. Are they all the same company? If so, call them and tell them you are having financial difficulties and see whether to make it a more manageable payment. Otherwise, send what you can ... can not refuse to pay.
You can also try the Consumer Credit Counseling. Look in the phone book or online in your area. I do not recommend it, but bankruptcy may be an option if you are deep in debt, and I see no way out and not cooperate with you. Congratulations to you for custody of 3 children alone. Good luck!
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