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Need help with payday loan nightmare

Date: Wed, 08/01/2007 - 14:40

Submitted by anonymous
on Wed, 08/01/2007 - 14:40

Posts: 202330 Credits: [Donate]

Total Replies: 5

Need help with payday loan nightmare


Hello, I need help. I took out a couple of payday loans to help with my house payment. When came time to pay I had to renew them. I now have a total of 6 loans costing me about 1300 a month just in fees. I am in texas. How can I put an end to this. I owe about 2500 which is not a huge amount, but 1300 a month is like a house payment which I am now unable to make. What are my options. This is killing me and putting stress on my marriage. Thanks for any help.


Hi there, welcome to the forums. Could you please let us know which companies you have borrowed from? Are they internet or storefront? How much did you borrow from each and how much have you paid back so far? If you can post this information, we will be able to help you! You have come to the right place!


lrhall41

Submitted by Sassnlucy on Wed, 08/01/2007 - 14:50

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Things will be ok. If these are storfront lenders then you can call them and try and make arrangements with them. If they are internet, then most of them are not licensed anyway. So if you could provide us with the info Sass requested we can help you. Most of us have been in the same situation you are in right now. So don't stress and we will be here to help you.


lrhall41

Submitted by puddlejmpr on Wed, 08/01/2007 - 21:28

( Posts: 1634 | Credits: )


So true morningstarr!!! Shelter, food , family, & health should be everyones top priority. We get lost in the PDL trap thinking that we can go to jail or be shipped in a little box overseas for NOT paying them and our priorities get lost. We went without things for months because I was afraid I would get arrested if I closed my bank account.


lrhall41

Submitted by bflow30 on Thu, 08/02/2007 - 18:40

( Posts: 519 | Credits: )