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Get out of debt help

Date: Tue, 10/09/2007 - 21:16

Submitted by anonymous
on Tue, 10/09/2007 - 21:16

Posts: 202330 Credits: [Donate]

Total Replies: 3


How do get out from being under a mountain of dept after going to four not one but four payday loan places and one title loan place all within six months of each other and somehow you end up owing them all at once in the same week and now your hours have been cut at work and no ones hiring and your credit sucks so you can't get a loan personal or otherwise? I hope that sums it up?


First of all welcome to the community :) if you signed up for a free consultation they will be contacting you soon and they may be able to help. But for now could you please tell us if your payday loans are internet or storefront loans. There is a difference, because the storefront loans are licensed in your state. So you will need to contact your title loan place asap and tell them your hours have been cut and are there any installment agreements you can enter into or try and make payment arrangements with them. I never had one of those so I don't know how they work, sorry.
Could you please tell us what state you are in so we can look up your states payday loan laws.
Tell us who you have your loans through, how much you borrowed and how much you have paid back.
Then tell us if they are internet or storefront loans.
As soon as you post that info we can help you a little better.
Most of us have been in the place you are in right now. I had 10 storefront and 10 internet loans out at one time and got laid off. I am still dealing with some of them but with a little work and alot of support from the people here I am almost payday loan free.

I don't know your situation, but is there a chance of you picking up a extra part-time job and try and use that check to pay off these loans.


lrhall41

Submitted by puddlejmpr on Tue, 10/09/2007 - 21:33

( Posts: 1634 | Credits: )