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I owe about 5 different pay day loan companies but can only pay one off at a time what do I do? I have already closed the account and everything just need to know what to do, I can only pay one off at a time.
Only pay one off at a time.
Where do you stay? Are payday loans legal there? Tell us the name of the place you live in.
At first you should know whether or not the pdl companies are licensed in your state. If they are not licensed, then you are required to pay them only the principal balance. No interest, no fees. But if they are licensed, then you are liable to pay them both the principal and interest. In this case you may consolidate your legal pdls.
Which is the state you are in and which are the payday loans? You need to provide us these details, so that we can help you in solving the issue.
What are the names of the five different payday lenders and in which state your reside? If you can provide some more information, then you can get some useful solution to your problem.