Three payday loans and behind on payments

Find loans for bad credit, peer to peer lending, personal loans, debt consolidation loans.
Post Reply
Thomas
Posts: 18
Joined: Tue Aug 03, 2010 5:05 am
Antispam check: Dog
Antispam check: two
Contact:

Three payday loans and behind on payments

Post by Thomas »

Dear Sir/Ma'am;

I would like to find out about the short loans. I
currently have three payday loans and I am three payments behind on my
truck. I have had
two accidents in the past six weeks and I can't
afford my deductible to have it repaired. I am
living on my SSD benefits,but by the time I pay what bills I can I don't
have any left for food
or medicine. My check is $1867 and it doesn't
go far,if it wasn't for my ex-wife and oldest daughter I guess I
wouldn't have any food. I have lost over 70 pounds in the last 8 weeks.
Any ideas would be helpful?

May God Bless You,
Thomas
Jefferson,Tx 75657
Admin
Site Admin
Posts: 8925
Joined: Fri Apr 13, 2007 12:42 am
Antispam check: Dog
Antispam check: two
anti spam: Blue
Contact:

Re: Three payday loans and behind on payments

Post by Admin »

Payday loans are tough to deal with. Once you get in that cycle it is hard to break. Maybe consolidate your payday loans with a credit card, or personal loan. You can still get money, even if have poor credit. Here are some tips and options for you on alternative loan options. You can then use the money for anything you need, whether bills, other loans, car payments, or more.
http://www.needhelppayingbills.com/html ... loans.html
Thomas wrote:Dear Sir/Ma'am;

I would like to find out about the short loans. I
currently have three payday loans and I am three payments behind on my
truck. I have had
two accidents in the past six weeks and I can't
afford my deductible to have it repaired. I am
living on my SSD benefits,but by the time I pay what bills I can I don't
have any left for food
or medicine. My check is $1867 and it doesn't
go far,if it wasn't for my ex-wife and oldest daughter I guess I
wouldn't have any food. I have lost over 70 pounds in the last 8 weeks.
Any ideas would be helpful?

May God Bless You,
Thomas
Jefferson,Tx 75657
Boeheim
Posts: 3
Joined: Mon Feb 18, 2013 4:45 am
Antispam check: Dog
Antispam check: two
anti spam: Blue
Contact:

Re: Three payday loans and behind on payments

Post by Boeheim »

I am just recently moving into a house with my girlfriend and her 4 children to keep them from being homeless. I make a modest income of 2350/month. I am not equipped to care for the 6 of us with my income. She has told me that she has tried getting food stamps and other assistance to help out. She is having a hard time finding work and I have taken a high interest payday loan to help keep our heads above water. What can I do in order to get help? This move is moving me out of a homeless situation myself. I just want to get us back on our feet and I have run out of options. Please help us.
Admin
Site Admin
Posts: 8925
Joined: Fri Apr 13, 2007 12:42 am
Antispam check: Dog
Antispam check: two
anti spam: Blue
Contact:

Re: Three payday loans and behind on payments

Post by Admin »

Is that income of $2350 after tax? If so, it is probably enough money in that you have some options for that payday loan. We usually recommend non-profit credit counseling or consolidation of them. That can help reduce the rate on it, which allows you to pay off more of the principal. But she really needs to find a job. Work anywhere. You can apply that entire second income to the loan, and pay it off in no time. Anyhow, get more details on consolidation, and click for details.
Post Reply

Who is online

Users browsing this forum: Semrush [Bot] and 6 guests