Why not share this article. Problems paying back a payday loan. If youre struggling to pay back a payday loan or think that the lender has treated you unfairly, heres how to tackle the problem. What to do if you cant pay back your loan. If youre struggling to pay back a payday loan, the worst thing you can do is ignore the problem. Dont panic or struggle in silence, here are the steps you can take: 1. Contact your payday lender as soon as possible.
You are not alone.
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In Texas youll see average APRs for payday loans with rates at around 457- 522 for loans lasting 19-152 days. (4) If youre a resident of Waco, Texas and youre in a difficult financial situation, remember that payday loans will cost you about double what they would in other states.
3 Dont take out a loan that will leave you deeper in debt. Contact the Texas Fair Lending Alliance with any questions or concerns about payday loans in Waco.
Waco Title Loans A risky cash loan that vijaya bank personal loan documents required cost you your car. Another easy but risky option for quick cash in Waco is an auto title loan. If you own a car, its easy to take out a title loan. But be extra careful because these high- interest loans are designed to take your car.