User:Kassie9543

What about having multiple payday loans?

It is usually not recommended to take out more than one payday loan at one time. It doesn't matter if they are all from the same lender or from all different lenders.

The fees and interest will grow and grow and it will get to be increasingly more difficult for you to pay off all of the loans.

If you have multiple payday loans and are wondering what to do about it you should first contact the lenders for each of the loans and ask them exactly how much you owe. Then, look at your own finances.

Pay off as big of a chunk as you can on each loan you have, then make monthly payments of as big of an amount as you can afford until each payday loan is paid off.

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