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Is there a consolidation loan to pay off payday loans?

Posted on Tuesday, October 13, 2009 in Personal Finance
Brooke B asked:


I made a huge mistake in using payday loans to help pay bills during a rough time. Now I can’t get from under them and it’s hard to pay on my regular bills. My credit is 495 therefore it has been hard to get a loan.

Claude

Bring on the comments

  1. David M says:

    Roger

    When you went to payday loans you went to the bottom of the barrel. You can’t go any lower other than them other than a mobster loan shark. Your days of borrowing are numbered. I suggest you cut back spending, look for new sources of income and work on paying off these payday loans and forever stay away from them in the future. Good luck.

  2. Melanie B says:

    Ted

    Yuck…payday loans stink. There’s a reason they’re popping up all over in lower income areas—they’re very profitable.

    I’ve bookmarked this site…

    All the best to you.

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