I have really bad credit and need an installment loan to payoff payday loans, any help?
Written By: admin on September 4, 2009
One Comment
I need to borrow 00 unsecured and have no where else to turn. Really need it to be an installment plot with a reasonable interest rate.
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The best places to go are an American General or Household Financial. The problem is that people that can’t get a loan here will opt for payday loans and not usually the other way around.
I’m sorry, but you have a tough choice to make. If you can’t pay, you should consider talking to the government agency in your state that regulates the payday lenders. I’ve included a link below where you can choose the state you live in and it will provide the regulatory body’s phone number. They can advise you on your options. You have to be honest with them. Tell them that you messed up and you got $2500 in payday loans. I find when you accept responsibility people are more willing to help you. Some states require mandatory repayment plans that are interest free.
I reckon by getting another loan, you’re just digging a larger hole.
I work in the industry so I see this a lot.
http://introxl.com/