Getting out of Debt - Printable Version

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Getting out of Debt - Batman - 12-29-2012

I've got myself in to a sticky situation with those payday loan companies. and now I cant easily see a way out.

I make decent enough pay but it gets devoured by them.
Any help would be greatly appreciated.

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Getting out of Debt - TheCaptainPower - 12-29-2012

Where do you live? Looking for a 2nd job?

You can maybe try to get a better rate on your loans and pay them off...

i have chase slate credit card, 15 months no interest.

Have anything to sell? Ebay?

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Getting out of Debt - jmoney29 - 12-29-2012

I was in a similar situation a while back when I was living check to check. What I did was take some cash and open up a second account, then I switched my Direct Deposit paycheck to the second account. I overdrew on my first account when Payday Loan company came for my paycheck on first account, but bank paid, so I was now on the hook to the first bank for a fixed amount.I was able to pretty much pay on my time when I paid the money back to the first bank and without the interest accruing.

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Getting out of Debt - painter - 12-29-2012

Quote: (12-29-2012 09:55 AM)Batman Wrote:  

I've got myself in to a sticky situation with those payday loan companies. and now I cant easily see a way out.

I make decent enough pay but it gets devoured by them.
Any help would be greatly appreciated.

Do you want to pay them off or not pay them off? You have a lot of options. Check Fisto's Credit/Debt Settlement thread in the Lifestyles section, there's a lot of good info there. Here's a link to my ebook which covers pretty much any scenario you might be in:

http://www.amazon.com/gp/product/B009PPK...ttom_links

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