Restructuring the interest rates on a payday loan is a good option when high APR is taking a toll on your financial health.

can I get out of my payday loans by restructuring them the interest rates are killing me

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What about in Nevada..I got stuck on this merry go round and have four loans. I'm trying to find someone to help me with these too.

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Since payday lending is prohibited in the state of Massachusetts, you just need to pay off the principal balance. Hope this helps!

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Restructuring is obviously an option when the interest rates start taking a toll on your financial health. But, first make sure you are really obliged to bear the interest charges as if the lender is illegally carrying out the business or if payday lending is illegal in your state, you could skip that.! Hope this helps!

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Yes, you obviously can. However, which state are you from? If you are residing in such a state where payday lending is illegal, the question of restructuring the loans or reducing the interest rates does not arise. In that case you are just required to pay off the principal balances and close the accounts.


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