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I was trapped with high interest payday loans. It is hard but now I am slowly paying them off. I have made a website about it with advice on how to deal with the companies, how to pay them off and how to earn extra cash - it might have some helpful advice if you take a look http://paydayloantrap.synthasite.com/
What else can I help you with?
What are the names of some of the popular Payday Loan companies?
There are several loan companies that offer a payday type of loan. For example, Wonga, Pay Day UK and Pay Day Ninja are all offering a payday loan service.
What if you cant pay back your payday loan?
If you miss the scheduled payment date on a payday loan the interest rate will mount at a rate of 1% per day, there will also be a late payment charge attached to your account. If you are unable to pay the loan within 60 days of the scheduled payment date the loan will be sent to debt collection
Can you pay a payday loan with a credit card?
Only a few payday loan companies allow you to pay off your loan with a credit card. Most required payment of the loan with a debit card or check.
What can happen if you dont pay a payday loan in texas?
If you don't pay a payday loan, you can have a judgment brought against you. They can also fine you a pre determined amount.
What happens if Im late or cant pay on your cash advance payday loan?
Normally, the financial institution from which you receive your loan will charge you for late fee in such cases. If the borrower can no longer pay for the loan at all, the financial institution will forward or 'sell' the loan to a collection agency.
What are the names of some of the popular Payday Loan companies?
There are several loan companies that offer a payday type of loan. For example, Wonga, Pay Day UK and Pay Day Ninja are all offering a payday loan service.
What happens if you don't pay back a payday loan in louisville Kentucky can you serve jail time for this?
If you can not pay back a payday loan the account can go into collections until repaid. The payday loan company may also file a claim in court. Failure to pay back a payday loan will not result in jail time.
What if you cant pay back your payday loan?
If you miss the scheduled payment date on a payday loan the interest rate will mount at a rate of 1% per day, there will also be a late payment charge attached to your account. If you are unable to pay the loan within 60 days of the scheduled payment date the loan will be sent to debt collection
Can you pay a payday loan with a credit card?
Only a few payday loan companies allow you to pay off your loan with a credit card. Most required payment of the loan with a debit card or check.
What can happen if you dont pay a payday loan in texas?
If you don't pay a payday loan, you can have a judgment brought against you. They can also fine you a pre determined amount.
What happens if Im late or cant pay on your cash advance payday loan?
Normally, the financial institution from which you receive your loan will charge you for late fee in such cases. If the borrower can no longer pay for the loan at all, the financial institution will forward or 'sell' the loan to a collection agency.
Is it true that after 6 payday loans you have paid the loan in fees and the company won't bother you?
absolutely not. You have to pay the loan to pay the loan.
How do you Get a payday loan unemployed and bad credit?
You can't get a payday loan without a payday. The loan is made as an advance on your next payroll check. If you are unemployed they have nothing to lend on and have no reason to believe you have the means to pay it back.
When would getting a payday loan be a good idea?
A payday loan maybe a good idea if you can pay the money back as soon as you get your pay check. Also you can avoid late fees from paying bills late, so if the interest from the payday loan is less than the fee of paying the bills late, the payday loan would be a good idea.
Can i get a payday loan with a prepay debitcard?
Yes, you can pay this way.
Can you get a payday loan with a money network pay card?
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Would a payday loan company contact your place of work if you cant pay?
Yes. However only as a means to contact the the person who received the payday advance. They cannot speak with your employer regarding the terms of your agreement.
