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How do you get out of a payday loan?

In: Personal Finance, Loans, Personal and Payday Loans, Money Management [Edit categories]

Answer:

Pay it off

(Edit) I would actually try and work with the lender before just 'paying it off' may lenders will stop accruing fees and work with you on a payment plan. Give them a call and ask them. Most payday lenders are not monsters and will work with you to settle the debts.

There is a blog dedicated to the short term loan market if your interested below.

First answer by ID3494100930. Last edit by Jlarsen55. Contributor trust: 4 [recommend contributor ]. Question popularity: 4 [recommend question].

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