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I have a terrific job with a University. The benefits are tremendous, and being that it is not easy to be employed there, employees that are able to be hired there stay for decades. I intend to stay until I retire.

My roommate moved out suddenly. I knew he was planning on finding his own place, but he moved out three months earlier than expected, stiffing our landlord. I had just purchased a computer for cash, and planned to recover in the three months he would still be here, sharing expenses. Had I not been out the $450 for the computer, I would have been fine. On paper, me paying rent alone works, provided I'm caught up. I took out a payday loan for groceries after paying rent. One month later I paid rent and was short (appx. $400 for groceries, etc.) You know the story, took out another loan, forgot to extend the paydate - they took out the whole amount from my paycheck unexpectedly, which left me with bank charges. I took out another loan to cover that - which created another domino affect. I currently have four payday loans. Two are allowing me to pay minimal payments until I can fully pay them off (each is $360 with interest) and are currently debiting me $35-50. One says they will work with me, but keep debiting larger amounts. I will contact them and ask them to take out only $50 per pay period until I am caught up on my rent. One will debit $100. I had to put stop payments when they woudln't work with me so I could give my landlord something.

The juggling act has been an extremely stressful nightmare. I currently owe - $$650, $360, $360, and $460. I would like to find a consolidation loan that would take these bills plus $900 for rent and utilities for one month to catch up. I am in collections which has lowered an already low credit score to under 500. I am in payday loan hell.

My landlord is a tremendous person, but cannot afford to let me float. If I were able to get a loan for $2500, payable at $175 a month, I would be able to live the life that was tight, but doable. The situation has become urgent, and I am unable to consolidate these loans. What can I do?

Posted: Sun Jul 15, 2007 12:40 pm Subject:

Hi. Welcome.
Your story is very familiar, a lot of us here have been there.
Unfortunately, I don't think you're going to be able to get a loan for the kind of payment that you want with a low credit score.
You DO have options. There are consolidation companies that work with payday loan companies, but you can also do it yourself. We can help..We'll just need some info. First of all, what state are you in? Are they all internet lenders? And finally, what are the companies, how long have you paid, and what was the amount of each loan. Give us that info, and you'll be amazed at the help and advice you'll find here! We're here for you.

Posted: Sun Jul 15, 2007 12:43 pm Subject:

Chin up... this site will help you with the payday loan hell! Trust me, I had 9 when I started, I now have 4.

What state are you in? For everyone to help you out to the best of their ability the will need to know the following information on EACH loan:

Internet lender or storefront?
How much borrowed?
How much you have paid them back, including the rollover/extention fees (you may need to look at a bank statement for this accurate information).
By the way, T&C will consolidate these for you if your interested, but you can clear them up yourself if you are willing to work on it!!!

GOOD LUCK!!!!

Posted: Sun Jul 15, 2007 12:47 pm Subject:

Sgibjay,
My husband has a low credit score and he acquired a 2900 loan through World financial for 165 month. I don't know where you are located but you can check into that.

Posted: Sun Jul 15, 2007 1:57 pm Subject:

Bflow, I tried to send you a pm, but it's not working. Sad

Can you email the website address for World Financial? I tried to google it, but I am not sure if I found the right company or not. My email address is my forum name (at)gmail.com. I'm not a homeowner, so I don't know if I could still apply or not.

Guest · Posted: Sun Jul 15, 2007 2:44 pm Subject: response

Cashnet USA - $500 (3rd loan from them - paid off other two_)
Fast Cash - $300 (2nd loan from them paid off first)
B.I.G. (UK) $200
G.S.F. (UK) $200

Ofcourse, tack on up to 500% interest and it's awful.
This mess started in February, and the juggling act has just rolled on - these are all internet companies - what do you think?

sgibjay@yahoo.com · Posted: Sun Jul 15, 2007 2:47 pm Subject: What are Debtcc Points?

Just saw that we had all these points - I've been so desparate I haven't checked alot of things out...what are Debtcc points - what is their value?

Posted: Sun Jul 15, 2007 2:51 pm Subject:

Squibjay,
Debt CC points are worth approx. a penny a point when you join--and when you hit $10 in value (when you hit 1000 points or above) then you can cash them in for actual cash. You earn points for posting in all forums except the Pub. When you are ready to cash in, email the site admins and they will help you!

sgibjay@yahoo.com · Posted: Sun Jul 15, 2007 2:54 pm Subject: thanks

Thank you!

I was the "guest" above - this is the breakdown
Cashnet USA - $500 (3rd loan from them - paid off other two_)
Fast Cash - $300 (2nd loan from them paid off first)
B.I.G. (UK) $200
G.S.F. (UK) $200

Ofcourse, tack on up to 500% interest and it's awful.
This mess started in February, and the juggling act has just rolled on - these are all internet companies - what do you think?

Posted: Sun Jul 15, 2007 2:57 pm Subject:

This is good information to get started with, and what we need to know now is how much you have actually paid on these loans with rollovers. So if you have a $500 loan out with Cashnet, for example, how much has been actually taken out of your bank account to pay that down? And same for your other PDL's? This is going to be OK, I promise you. You might be in for a few bumps along the way, but the sun is going to come up, OK? Stay strong!

msjudged

Hi, I took out a $250 loan through CMJ, and was forced to freeze my account when my paypal info got scammed, now I get this call from the above company who told me he would help me for $745.00 and then I started asking questions, made a follow up call to CMG who told me they wouldn't work with me because they sold the loan to a 3rd pary firm. This "firm" then refused to work with me and proceed to tell me I was going to jail, and horrible things were going to happen to me. This is extorion right? The man Travis Griffith, stated that he wouldn't work with me now because I doubted what he was telling me and told me to never call them again, just to expect horrible things to happen to me legally, financially etc. I am scared to death and just want to settle this thing but don't know how. Help

Posted: Mon Jul 16, 2007 9:02 am Subject:

Don't worry, nothing bad is going to happen to you. They are trying to scare you into paying. Read through some of the threads on this site, people have been threatened with jail, having their kids taken away, all sorts of nonesense. It cannot happen.

sgibjay@yahoo.com · Posted: Mon Jul 16, 2007 4:46 pm Subject:

I'm having trouble posting - do I hit reply. It keeps telling me my user name is in use - just my luck!

sgibjay@yahoo.com · Posted: Mon Jul 16, 2007 4:48 pm Subject:

So, here is the rest of my story - for someone to help me - B.I.G. deposited $200 in my account on 1/9/07 - I've paid them back $550 - 80, 75, 70, 65, 55, 50, 45, 40, 35, 35, 35. They tell me I can pay them $35 forever until I am ready to pay them my balance of $260!!! Help!!!

Posted: Mon Jul 16, 2007 5:13 pm Subject:

OK...BIG and GFS are the same company and are off shore. You can close your checking accoutn or block the debits from coming out. Check your state laws and see what you should have paid for each ipdl...to me it looks like you have already paid BIG and probably GFS enough. In the search bar you can search for each of your pdl and see how some of us have handled the situation. Also on the first page of this forum at the very top is some information on how to handle closing your bank account and looking up state laws.

sgibjay1 · Posted: Mon Jul 16, 2007 5:27 pm Subject:

Thanks - how do I look up the state Laws - I looked up one page but it looked like for stores - are the same laws applicable for internet pdl's?

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