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All bills are piling up and my paycheck is not enough

Date: Fri, 04/20/2007 - 10:20

Submitted by anonymous
on Fri, 04/20/2007 - 10:20

Posts: 202330 Credits: [Donate]

Total Replies: 5


I am a hard working person who has never had so much problems with debt but resently it just seems like all my bills are piling up and my paycheck is not enough to cover them. I need help paying off all of my payday loans and a couple of individual loans. I know that if I can pay off my loans the rest will be easier for me to pay.


How many PDL's do you have? Are they storefront or internet? What state are you in?

Also, if these PDL's are taking money directly out of yout account and are Internet Payday loans, I would recomment closing and opening a new account to regain some sense of financial control...


lrhall41

Submitted by Leah on Fri, 04/20/2007 - 10:24

( Posts: 2322 | Credits: )


Leah is right, if these companies are debiting directly from your account you need to close them, open a new one in a different bank or if the same bank be sure that the bank does not link the old and new together in anyway, explain the problem to the bank, my bank was very understanding when this happened to me. This will help ease your mind on payday when all your money is already gone, that way you can begin to negotiate re-payment of all the pdls. Be sure to pay your & work with the store front ones immediately because they will be the first to start court actions when you defalt. Some of the internet ones will not negotiate and stop the fees you may need more help with those, and you can get the referral to a company that can help through the information you completed when you joined the community.


lrhall41

Submitted by Pauli'sGirl on Fri, 04/20/2007 - 11:06

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What companies are you dealing with? Check your bank statements and find out the total payments done on each account. If you have already paid the principal balance and are aware of the laws followed in your state, you won't need to pay anything except the interests and fees.


lrhall41

Submitted by BKP on Fri, 04/20/2007 - 12:45

( Posts: 239 | Credits: )