Bluerose005 asked:
I have been in the payday loan crunch for several years now and trying to get out of the trap,need advice on what kind of a loan i can get to totally get rid of this payday disease,it seems to consume my check and then some,I already work full time and considering getting a 2nd job to stop this trap that won’t let me go..PLEASE Help .Thank You
I have been in the payday loan crunch for several years now and trying to get out of the trap,need advice on what kind of a loan i can get to totally get rid of this payday disease,it seems to consume my check and then some,I already work full time and considering getting a 2nd job to stop this trap that won’t let me go..PLEASE Help .Thank You
Tags: Full Time, Loan Payday, Payday Loan, Payday Loans
September 16th, 2008 at 10:58 am
yeah - stop using it
September 19th, 2008 at 9:17 am
Your answer is in your question. What kind of loan can I get to get out of this??? Why not stop the cycle of loans and get another income source.
Do not take out another loan or think that is the solution. The 2nd job is the best idea.
September 20th, 2008 at 4:30 pm
You need more income & to reduce your expenses.
A loan started the problem, What makes you thing another would fix it? Your borrowing from Joe to pay off John. Either way your still in debt.
September 23rd, 2008 at 9:51 pm
Get the second job and pay every dime to the debt. Also make sure the loans are still legal in your state. MANY are not!
September 26th, 2008 at 7:07 am
I had the same situation going on for a few months. I’ll tell you what worked for me. You will have to keep getting them, but get a smaller one each time. Just go down incrementally and pretty soon you’ll have the lowest one and you’ll pay it back and not need another one.
September 29th, 2008 at 3:45 pm
Payday loans are like drugs. You get addicted to them and they use up all your money! just cut off the loans. If it means you are late on a few bills then just be late. it will be easier to get the bills caught up then to ever get out of the payday loan addiction.
It will be scary but you can do it!!
September 30th, 2008 at 1:58 pm
These loans are outragous! The give you a few hundred and your paying back thousands! The best thing to do with these loans is to pay them off as soon as possible and don’t except the extensions where you just pay that insane interest amount!
October 1st, 2008 at 8:26 am
I must agree with the second poster. Your problem is you keep borrowing money to pay off other loans when what you really need is either a better paying job or a second job so you can quit borrowing money and live within your means.