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Debt Consolidation Loan Rules

Never, ever, ever, sign a consolidation loan without full disclosure in writing of:

1) The principal amount that you are borrowing.
2) What the interest rate APR will be.
3) How many payments you will pay.
4) Closing costs, if any.
This should be clearly spelled out in the contract. If it’s not on the contract, don’t sign it.

If you don’t know how to check their math and verify the monthly payments, don’t sign the loan papers, you have no business taking out a loan.

If you chose a consolidation loan instead of a consolidation plan, be sure you use the entire amount of the loan to payoff your accounts, and close all the accounts you are paying off. DO NOT keep any cash for yourself to spend.



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Payday Loan Application Form | Payday Loan Qualifications | About Payday Loans
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NOTE: American Payday Loan Company is not a provider of payday loans. We simply connect people seeking a payday loan with online providers of payday loans so they can get the payday loan that they need as fast as possible. Thank you for visiting American Payday Loan Company. We wish you luck in your search for a payday loan.


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