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There are several different agencies that can work on your behalf in order to get lower interest rates instated.
Just make sure you work with a legitimate debt counseling service before paying for their services.
However, it is really not advised to take out more payday loans in order to pay off other payday loans.
Participating in a payday loan payoff program or consolidating loans can give you the leverage you need to regain control over your finances.Another problem is that you can end up making payments for a very long time to come and you’re still going to be paying large amounts of interest. If you have made several payday loans, it’s very important to pay them off as soon as you can.Of course the best case is if you pay each off on your next scheduled payday as the loans are designed to be handled.You work with the lenders to help reduce interest rates that each of the loans charges.When you and the lenders reach an agreement to lower interest, your payments can be lower.