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Old 08-26-2005, 06:57 PM
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Join Date: Aug 2005
Posts: 1

consolidate payday advances

What is the name of your state?kentucky

My question is I have a few online cash advances that I have been paying on. I am thinking about having my credit cards consolidated, can you also consolidate payday loans?
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Old 08-27-2005, 01:19 PM
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Join Date: Jan 2005
Posts: 2,336
What do you mean by consolidate?

When I was young (and gas was 30 cents a gallon), a consoliation loan was where you took out one large loan to payoff a bunch of small loans.

Today (and gas is $3 per gallon), the word consolidate seems to have been hijacked by the debt managment companies. Today it means one payment to the DMC who breaks it down into a bunch of small payments.

Beware the debt management company. The have no ability to make any creditor to accept their payment plan proposal. Indeed, many do not -- especially the payday loan sharks.
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