Debt Busting HelpDebt Relief ManualCredit Card Debt Survival Guide
  Debt Management & Bankruptcy Blog  |  Product Reviews    

Debt Management & Bankruptcy

We Review the Best Products & Information Online



Want to be a Guest Blogger?
Let us know here!

Want to Advertise on our site?
Contact us here!

US Grants

Canada Grants

Save On Tax

Mind Money

Free Debt Management Information

Cash For Surveys

How To Stop Payday Loan Harassment By Payday Loan Companies

It's probably not one of the best things to do when you are having money problems, the payday loan, but if you have done it and find yourself in a mess with one of those payday loan companies, you may find out quick that they are not as friendly when they want their money back. The minute you can't pay this back they will waste no time in beginning the harassing calls. Here is some advice on what to do if you find yourself in this kind of a situation.

The first thing you should do without hesitation is to talk to the manager of the place and see if you can extend the terms of the loan. Usually these types of loans need to be paid back in two weeks. However, if you can't manage to do that then you may be lucky and the manager may be willing to extend the due date for you. You will pay an extra fee but it will be better than them calling you on the phone harassing you.

Another thing you could do, and you may not want to, but, borrow the money you owe from a close friend or relative. These types of loan companies are far more persistent than other companies. The best way you are going to be able to get them to leave you alone is to pay the loan off. Then when you get the money from your friend or relative get the payday loan paid off immediately. Also, don't take forever to pay your friend or relative off either.

Another thing that you can do is to send them a “Cease Calling” or “Stop Calling Me” letter. According to the Fair Debt Collection Practice Act, all consumers do have the right to stop those harassing calls. This includes all creditors, even payday loan. By law, once they receive this letter they have to stop calling you. However, they still can contact you by mail. But that's better than those horrible phone calls.

You should also keep record of any phone calls that might be threatening. If they leave nasty and threatening messages on your answering machine or voicemail, don't delete them make sure to save them. You can use these against them if it ever goes to court.

Do your best to send them any amount of money in order to get the loan paid off. Remember these kinds of loans incur interest on a daily basis so do your best to get rid of this loan. If you pay something it will be better than paying nothing at all because it will buy you some time and will put a stop to the calls. They shouldn't call if you are at least sending in payments.  

Online Income

Post has no comments.
Post a Comment

Captcha Image

Tag Cloud

credit reports credit scores initial research mortgages school jobs home equity loans purchases tracking money reduce debts paying bills negotiation teaching children finance allowance charitable organisation debt management mistakes interest rate unreasonable expectations good credit record borrow money groceries candidate credit education take control of debt home equity unexpected expenses paycheck info phone calls credit card companies credit card savings whole family loan harassment become free account interest common debt credit bureaus high interest rate monthly payment debt consolidation medical debt management program utility payments full details second job credit score credit history credit limit debt problems mortgage payments flat broke receipt control spending short sale injury personal finance specific budget categories credit card debt child spending debt programs telephone bills past bad debt tax info regain control lending company lending companies professional worksheet repay loans payday loan companies budget ideas saving loans asset info debt payment period help discounts purchase protection emergency savings account Consolidation Company stop harassment credit card help security spending borrowing bankruptcy fly-by-night more income checks comfortable living secured loan salary piling debts credit report extra payments payment frequency bad debt management good budget debt consolidation loans your rights classify bills cash internet debt collectors household items total balance debts cancer children saving car loan debt solution house loan building debts hobbies managing debt account charges loan companies home debts need money negotiate credit companies bank accounts great budget restrict spending good credit seperate accounts payday loan budget sheet credit repair money loan agents debt management honesty low interest financial education invest money credit accounts trusted friends bank unsecured loan good credit rating credit rating job loss debt collection agency software family assistance interest insurances pay off bill loan amount finances bad financial decisions credit checks credit company management advice investing liability live within means creditors budgeting down payment debt management advice installment plan spend money bad debt loss of income cable bill less money get out of debt prioritizing filing bankruptcy extra money deals in writing rent payments debt management tips learning experience budget visualization live your life overspending family budget debt relief agency younger children help with debt debit card savings account income hospital save money overbearing bills installment plans social services understanding home equity paycheck payment behavior common debt traps debt company careful handling implement a budget court appearance good debt credit cards debt free debt collector help account fees expenses order report monthly bill ongoing bills deb consolidation medical bill great budget ideas debt children budget handling money illness original creditor credit line saving money loan personal finances consumer lawyer ill health rebuild good credit sickness repayment plans debt traps interest rates part time job budget categories doctors buying a house credit card company government assistance bills debt consolidation lose your job interest payments monthly payments understanding insurance taking responsibility borrower paying out debt management tips own money medical bills overcharging debt settlement

Deliberate Creation

Sign up for our Free Debt Management & Bankruptcy Information Pack!

Email Address

Financial CodePregnancy Miracle

Face SniperSales Training

Paradise Nutrients

More Free Info Blogs

Acupuncture & Massage

Diets & Weight Loss

Article Writing

Work From Home

Dogs & Puppies


© 2014 Free Info Site Enterprises. All Rights Reserved.

Privacy Policy
Non Endorsement Policy
Copyright Policy
Website Use Policy
Affiliate Disclosure Statement
Contact Us


Finance Blogs
best blogs