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Multuple Payday Loans and i am inexperienced

Date: Mon, 03/03/2008 - 07:54

Submitted by alienchick514
on Mon, 03/03/2008 - 07:54

Posts: 18 Credits: [Donate]

Total Replies: 5


Can anyone on here help me with my payday loan debt? I was inexperienced and apparently didn't realize how bad payday loans really are. I first got two so I could pay off bills after my car broke down, and was barely making the minimum payments. Then I was trying to get a bad credit loan (my credit is AWFUL), and Fremont Lending Group contacted me and (aaugh!) I believed them at first, when they said I could get a $10,000 loan if I paid the first 5 monthly payments in advance for security. I then proceeded to take out payday loans, one after another, until I had the required $1200, but before giving them the money, I checked on Fremont, and found out they were trying to scam me. I ended up needing the pdl money for yet ANOTHER car repair, and so I don't have that left over anymore, either. I have no savings, my bank account is overdrawn, and I cannot pay back my payday loans. They keep calling! Please help. Here is a list of the loans I currently have out. They are all online.

Web Payday - $500 (paid $450)
United Cash Loans - $300 (paid $225)
World Wide Cash - $200 (paid $89)
AIP - $200 (paid $0)
Spotya - $200 (paid $0)
Rapid Cash Management - $200 (paid $0)
Flash Loans - $300 (paid $0)
BIG Limited - $200 (paid $180)

I live in Virginia.