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Too many Payday Loans Please Help. **

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Further to above sound advice. After you have cancelled your debit card and if you have opened a parachute account. DO NOT give your card details to your payday lenders. Set up standing orders (as Robjams advice) for each lender. Take their Sort Code, Account Number etc.. Otherwise they will empty your account! Looking at your Lenders most will probably pass to a DCA (debt collection agency) after 3/4 months and they will accept repayments for low amounts i.e £15-£20 per month.

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