can you conslidate payday loans someone help?
469385
if you have a house you can get a home equity loan.\n\nOr if you can get a personal loan from a bank to pay off those loans.\n\nYou should never do pay day loans.  They are about 1 step above loan sharks.
213899
Loans are not always the best way to get away... increase your income or decrease your spending. If you have employment and a savings or bank account... payday loans are sometimes helpful.
1060785
You need to be more specific. Do you mean consolidating all your debt by applying for one larger loan, and using say your house as collateral? Or do you mean consolidating all your credit cards into one payment through a consolidation credit service.
798183
You need to go to http://www.loanconsolidation.ed.gov/\nYou can consolidate the loans you defaulted on, and after you do that you will be eligible for aid again.  You can even take out new student loans.  The process takes several weeks, so you need to get started asap.  I promise you this is the truth, I had to help a friend do the same thing.  Good luck!
1021199
Getting a big loan to pay off the smaller ones is not going to help your situation.  You have discovered the dangers of these places and are smart to try to get away from them.  If you can get a loan from a bank or credit union to pay off the payday place that would be the best bet.  Even if they charge you credit card interest rates you would still be better off than you are now.\n\nI think you should pay off your existing loans one, or more, at a time if at all possible.\n\nI know this doesn't help you, but I wish those businesses would be outlawed!
490624
The simplest way is to get your repayment term extended.  To accomplish this you can do one of the following...\n\n* Consolidate your loan(s).  Consolidating will allow you to (1) extend your repayment term beyond the standard 10-year term associated with most Federal loans sometimes up to 30 years, depending on how much you owe and (2) "fix" your interest rate at today's rates [technically, the weighted average of all your loans' current rates, rounded to the nearest 1/8th of a percent].  Consolidation is a good idea for you if you like the predictability of a single payment and a fixed interest rate. With Stafford rates scheduled to rise to 6.8% on July 1st, by locking in today's rates, you will probably lower the amount of interest that will accrue over the life of your loan (and, as a result, shave a little bit off of your monthly interest payment, too); or\n\n* Call your lender and simply request "extended repayment" for each of your loan. This will leave your loans unconsolidated but will extend your repayment term beyond the standard 10 year term.  You can always pay it off sooner or make a larger monthly payment at any point.  Extended repayment is a good idea for you if you don't want to consolidate or want to retain the repayment incentives (or possible interest subsidies) that might be lost by consolidating. (Read about the "pros and cons" of consolidating here: http://www.finaid.org/loans/consolidation.phtml )\n\nGenerally, extending your repayment term will cost you more in the long run because it costs you *less* monthly.  As such, you might want to seek out some more "temporary" ways to reduce your payment.  You could...\n\n* Request the ability to make "interest only" payments for a while\n* Apply for a forbearance or a deferment until you have saved up enough to make your usual monthly payments a bit more manageable again.\n* Request "income sensitive" or "income contingent" repayment.  With this plan, your lender will determine your monthly payments based on your ability to pay. \n* Request "graduated" repayment where your payments will start out small but increase over time.\n\nRead about repayment plans here: http://www.finaid.org/loans/repayment.phtml
244694
I was watching Suze Orman the other night and she had a woman on the phone who took out a $300 payday loan which wound up rising to $1800.  I would stay far, far, far away from a payday loan.  Its a high interest loan that targets the poor.  Just don't do it...
39873
Yes you can,there are many co's who will help you out in consolidating all your bills into one.And being a loan officer I like to suggest you that its better to consolidate your bills with you house mortgage if you have one.
957065
nope ( maybe we could change paycheck to temporary loan )
1061133
Unfortunately, no, you cannot consolidate private and federal student loans. \n\nUnfortunately, student loan interest rates go WAY up on 6/30/06 thanks to Dubya! It is imperative that you consolidate before then. You can refinance just one loan..doesn't have to be multiple.\n\nMyself, I am a grad and need to consolidate my loans before the deadline! So I went on a google hunt (I mean search ;). Eventually, I did find a site that has rated a few student loan consolidators, and says they have checked them out. Here's the web page: http://lendersrated.com/studentloans.htm...\n\nHope it helps you...\nkarateross
101694
If you have all your loans through one company, you are required to consolidate through them, I believe.\n\nIf not, its best to go with whatever company you feel most comfortable with, probably one that you are already with.  Most offer the same rates of interest (the lowest available) with similiar incentives (1/4% reduction for direct withdrawl, 1% reduction for 36-consecutive payments, etc).\n\nBe careful when consolidating in Federal and Stafford loans though, as those have certain deferrment benefits that you lose under consolidation.\n\nI'd probably go with whatever company you have your largest debt with, as long as they are reputible and you are comfortable with them.
692124
Call the lender (or, possibly the collections agency if your situation has gotten to that point).  Many companies are willing to work with you because defaulting on a loan is bad for their business, too.  However, you have to show them that you are a responsible borrower:\n\n1.  Explain to them what happened (tell them just what you told us here)\n2.  Tell them that you will take responsibility from now on (the loans will always be in your name, so even if your mother still plans to pay them off, you should still keep a watchful eye on your account balance to make sure that she is never late) \n3. Ask what repayment options you have at this stage.  Some lenders will put you into a forbearance in order to alleviate your payment problems.  Other lenders will recommend that you consolidate your loans in order to lower your monthly payment.  Others will, as you suggest, devise alternative payment options called an "income contingent" or an "income sensitive" payment plans.  Ask them if they can do this and, if so, whether they can make your payments close to $50.  Generally, once you make 6 consecutive payments on time, you will be out of default, which will help your take-home wages and your credit report in the long run.\n\nRemember, too, that collections agencies deal with a lot of lazy people -- show them that you are different.  If the person you speak to is having an "off" day or doesn't seem willing to help you, try again.  Consider asking your former Financial Aid Office to contact them on your behalf (I have done this for students) -- sometimes they are more pleasant when dealing with someone "in the business."\n\nFinally, one of your rights as a Stafford or Perkins Loan borrower is that you be allowed to speak to an ombudsman when things get rough.  You can find one and learn about what they can do at http://www.ombudsman.ed.gov/  (Basically, an ombudsman is an individual who resolves disputes through an independent viewpoint; they do a lot of impartial fact-finding to make sure that you have been treated fairly.)
468806
Speak to a Loans Officer.  Any banking agent in Customer Service can assist you in speaking to the appropriate person.
159834
hereisyourwayoutofpaydayloans\nPayday debt[how to get out]\nWe first got into the loan because we needed car repairs and didn’t have enough money then someone told us we could get a payday loan.  We went to the payday store and it was so easy just needed to provide a bank statement, pay stub and post dated check for two weeks, my next payday, $575.00 they handed over $500.00 cash.  We really thought we would be able to pay it back and that would be that.  Then when payday came along $575.00 out of it would be hard as we were already living payday to payday.  We went back to the payday store and were told we could just pay the $575.00 cash then re-borrow again that sounded good we just didn’t think of the very high interest rate.  So if you borrow every two weeks at $75.00 interest for 26 weeks that equals $1,950.00 in a year.  So when we would re-borrow that would not  cover all of the bills because we would be short the $150.00 from the interest so we went to the next payday store to cover the monthly bills then we found we needed more money for some other need.  Then when we needed to pay off that loan we were short so we had to go to another to cover that loan then another and another before we knew it we were into four paydays per month.  Here is the calculation $75.00 x 4 loans =$300.00 per two weeks x 26 weeks per year $7,800.00 x 3 years $23.400.00. Paydays are suppose to be a happy time but when you are into them like we were it is a nightmare and very stressful, robbing Peter to pay Paul, running from one store to another. What was amazing is as I was going from one to another I would see the same people at each store, sad but true. \nOur website is hereisyourwayoutofpaydayloans
1175240
NOT consolidation.  What is commonly referred to in that category is a form of loan which PROTRACTS PAYMENTS over a LONGER PERIOD, but for which, in the end, if you do the MATH, you will END UP paying up to FOUR TIMES what you WOULD have paid with a reasonable time period.\n\nWHATEVER you consider or choose, be SURE you do the math for what the FULL COST your your decision will BE...financial AND OTHERWISE!\n\nCUT your EXPENSES, PAY it OFF, and put yourself in a money management program that keeps you OUT of that in future!\n\nBest wishes.
362244
I don't think pay day loan companies work with debt counselors or consolidation firms. You're stuck. Pay them off immediately, no matter what you have to do and never go that route again.\n\nI have posted several answers about pay day and title loan practices. It is a total rip of and you're just playing with legalized loansharking at its worst. At 435% or more per year in interest, there is no possibly way to repay the debt with your actual income stream. You are upside down the moment you borrow the money, even if it is only $25.\n\nBorrow the money from a more favorable lender, even friends and family to retire the debt with the sharks and move on. Best of luck.
293556
Federal loan borrowers are not meant to be able to consolidate the same loans more than once.  Currently, however, there exists a loophole in the system that allows students who have borrowed and consolidated under the Federal Family Education Loan Program to "reconsolidate" their loans through the Direct Loan Program. HOWEVER...\n\nThe Higher Education Act has just been reauthorized and, effective July 1, 2006, this loophole will be closed. After July, FFELP consolidation loan borrowers may only receive a Direct Loan consolidation loan for the following reasons: (1) for the purposes of income-contingent repayment if the loan has been submitted to the guarantor for default aversion; (2) if a lender denies a FFELP borrower a consolidation loan or income sensitive repayment; and (3) for the purpose of resolving a default. Direct loan consolidation borrowers may not reconsolidate unless new loans are added.