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Icon Mini Profile jcmuno57





Joined: 27 Mar 2011

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Post Posted: Sun Mar 27, 2011 9:44 am    Post subject: loan
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can you get a payday loan during chapter 13
Icon Mini Profile dipaligopale





Joined: 25 May 2010

Posts: 790

22.70 Dollars($)
Post Posted: Sun Mar 27, 2011 10:43 am    Post subject:
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Hi jcmuno57,

Welcome to Mortgage fit,

Surely you can get a payday loan even if you have low credit or you are in ch.13 BK.

If you go by the industry averages then you could get to know largest portion of these payday loans customers are those who are having hard time managing their bills and living from paycheck to paycheck...and majority of them are having lower credit score and struggling on the financial front.....So there won't be any problem getting you payday loans...But only question is can you afford their interest rates?

Feel free to ask any further query if you have....

DIPA

_________________
1.The best of intentions must still have directions !--Unknown author

2.When I hear somebody sigh, "Life is hard," I am always tempted to ask, "Compared to what?"
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Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10443
Location: Nevada
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Post Posted: Sun Mar 27, 2011 8:34 pm    Post subject:
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Hi jcmuno,

If you're already into Chapter 13 bankruptcy, then it will be difficult for you to qualify for a payday loan. Moreover, it is better to not fall into the payday loan trap. Once you fall into this trap, it will be difficult for you to come out of it.

Thanks
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