Is there a consolidation loan to pay off payday loans?

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 cosolidation loan.

Is there help for me? Once i can get these loans paid I can start making reular monthly payments on my payday loans.

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This entry was posted on Friday, June 26th, 2009 at 6:17 am and is filed under Payday Loans Advice. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Is there a consolidation loan to pay off payday loans?”

  1. raringvt Says:
    June 23rd, 2009 at 7:21 am

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

    I'm sure there are loans that you could use to consolidate. I would try to get a 0% APR credit card, but you'll have trouble with your marginal credit score–just like with any other loan.

    You should consider selling assets–car, junk on ebay, etc to pay this thing off ASAP.

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