This is not really a smart idea, as interest will accumulate substantially. You must legally be an adult to buy yourself a payday loan. Be persistent and let them know you’ll not succumb to their threats.
Payday loan lenders will work with you to get your payment, but if you continue to default on your loan, it will get sold to a collections agency. Business is business and a payday loan lender is a creditor which will try to collect then move you on to collections, same with banks and credit unions.

Many people avoid payday loans due to the high interest. However, when consolidating with the same payday lender, your rates are greatly reduced for increasing your affordability. Companies that offer consolidating loans are doing so more in your favor than theirs in most cases. You might consider the benefit of credit counseling and money management tips from your payday lender also.

The clients who have to contact are usually not on their best behavior due to being in a bad situation. Many have more problems than just financial ones. There are medical, unemployment and death problems which are just a few of the situations which create financial difficulty. The collectors hear sad stories behind the debtor’s situation, but their job is still to collect on the debt. The human factor makes it more difficult when the stories haunt them even after clocking out from work. Remember, the collectors are people with feelings too.

Negotiate for a payment plan. If possible, make arrangements that give you an option to pay them back a little at a time. Always keep in mind that these companies are always willing to receive payment – big or small installments – as long as you are willing to pay. This goes especially if the loan is way past due. Make an arrangement with payment terms that you can afford, and stick to it.

A consolidation offers a simple solution. User testimonials show that NearmeLoans is one of the top authorities when it comes to can payday lenders sue you. One of the lenders will not only negotiate with the can payday lenders sue you of your different loans, but he will also be able to give you a loan on a much less interest rate and that too for a longer time period.

For Your Car Consider dropping auto collision and comprehensive coverage if the premiums cost more than 10% of the value of an old car. Raise your auto insurance deductible to lower your premiums. Raising your deductible from $200 to $ 1000 can reduce your auto premium by 40 % or more.

Your credit counselor will walk you through your personal situation to find the cause for your debt problems and then start building a strategy for you to get yourself out of debt. It’s very rare for a credit counselor to recommend a payday loan online unless you will have the ability to pay it back with your next paycheck. Some counselors might suggest a debt relief program or debt consolidation. A last resort options would be bankruptcy, but it is only suggested if other attempts fall through.

Don’t be swayed by your heart if a friend or family member is unable to get a payday loan. If someone you know needs a payday loan, you should not get them one in your name. If they do not pay back the loan, you will be liable.

They are bound by laws- It is illegal for a payday loan or any other debt collector to call you before 8 a.m. or after 9 p.m. They are not allowed to threaten you with arrest either. If you experience this, report them to your state attorney general’s office as well as the Federal Trade Commission.