Q&A: Who is the Best Company for Consolidating Payday Loans?

Question by Robert Billiot: Who is the Best Company for Consolidating Payday Loans?
Gotten into a real bind with too many payday loans…I need help fast! I have heard that there are companies who provide payday loan help by consolidating loans. Is this true? Are these companies trustworthy?

I don’t want to lose any more money and I don’t know where else to turn. Help!

Best answer:

Answer by MVD34
Nope. Not really. Most consolidation companies are run by the same kind of pond scum that run payday loan companies.

Your best bet is probably credit counseling. If a good option exists that you qualify for, they are probably going to find it.

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