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I have 6 payday loans.... they are all in good standing and i pay them on time but now i dont have money for anything else.... the total is appx.$3200 princicipal and i am paying about $1800 a month in fees on them... it is out of control.... i would like to consolidate them and be able to pay about $500 a month until they are paid that possible

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It might be possible. But you have to talk to your lenders and negotiate. If you are not good at negotiation, you can hire a debt consolidation company who can do that for you in a more effective way.

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Last Updated on: Fri, 8 Jun 2018