Here is my situation. I have gotten myself into payday loan hell by being a complete ignoramus and by having terrible luck. Not a good combo, right? Anyway, it has gotten to the point where I can't make ends meet and I can't keep taking out the payday loans.
My situation is this:
I earn 2100 a month net.
My fixed bills:
255 car loan
305 discover settlement
178 1st financial bank settlement
80 cell phone
65 car insurance
I do not pay rent. I can eat pretty cheaply. Obviously I have to buy gas for the car. Other than that, these payday loans are kicking me oh so forcefully in the nards that I don't know what to do.
My payday loans:
I have 3 store front payday loans:
Checksmart 850+153 in interest
Check City 700+111 in interest
Money 4 U 250+50 in interest
and 2 internet loans:
CashDirectExpress 500+132.50 in interest
CashNetUSA 500+125 in interest
What should I do? Should I try to consolidate my payday loans? Should I close my bank account? Should I try to do extended payment plans? Are these companies willing to work with people? Should I let the checks bounce? If so will they be more willing to work with me? I'm just losing a lot of sleep over this stuff.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
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