Saturday, October 31, 2009

How can i get out of my payday loans?

hi im kenji and im 22 yrs old... i used to be a compulsive gambler but ive been in the gamblers anonymous program for the past 2 weeks now... i got a total of 7 payday loans, two of which have open interest... what should i do to pay them off? do you know something that will lend me a big sum of money and pay them off monthly.



How can i get out of my payday loans?

Try getting a consolidation loan with the below company



How can i get out of my payday loans?

Bankruptcy, a chapter 7 will let you walk away If you meet certain criteria.



How can i get out of my payday loans?

If you move fast you might be able to get a loan to cover them all.



I could tell you other ways of getting out of paying it, but most would consider that unethical. And besides, our 12 step program tells us we need to find a new way to live. Ask around at GA and see what others say...sorry I can't be more helpful but I am in a different 12 step program than you are.



Good Luck!



How can i get out of my payday loans?

A human can survive on 6 hrs of rest a night that leaves you 18 hours a day to work. 3 jobs should help you pay off your loans and if you dont have time to do anything but sleep and work you will have no problem with gambling.



How can i get out of my payday loans?

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How can i get out of my payday loans?

I give you a free advise, work ! work ! work !



and after you finish working, think how you can work more to pay this money, their is no magic stick that flay away all you payday loan's.



for next time and generally i can advise you to read about payday loan.



How can i get out of my payday loans?

I was stuck once too with these places the way I got done I had to borrow less and less each time and took me about 4 months to finally survive away from them



How can i get out of my payday loans?

Although payday loans are excellent ways to cover for those unexpected bills that pop up in our daily lives at the worst possible times, people can often be sucked in to costly, high interest loans quickly and easily. The best way to counteract a problem with payday loans is to curb the debt before it begins.



As a good rule of thumb, you should only use a payday loan as a last resort. Also, only take out a large enough amount of money to cover your expenses or tide you over until your paycheck arrives. The vicious circle continues as individuals who rely upon their monthly check find it taken by the loan company to repay the payday loan.



If you find yourself with several payday loans and a mountain of looming interest, know that there are options. Many individuals are quickly overwhelmed with the situation and hastily file for bankruptcy. This should be your absolute last option, but do not panic as there are many more suitable options.



First and foremost, stop taking out payday loans. As soon as you can break the cycle, then you can begin to dig yourself out of debt. Also, before you agree to any loan, research the loan rates and fees.



Second, evaluate your situation. Whichever debt has the higher interest payment should be paid off first. If possible, consider taking out a larger loan with a lower interest rate to completely repay your payday loans. This way, you will only have one low payment each month.



Third, even as you are paying off your loans, you should continue to save money. Many individuals neglect this important step and find themselves without a rainy day fund to use in case of emergency. Instead of turning to a payday loan to cover unexpected fees, consider creating a savings account for those events that seem to happen at the most inopportune time

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