sdsumarisa

1 Contributions 2 People Helped

Member Since: August 2009

Most Helpful Contribution

What if I can't pay back my payday loans?

Sep 22, 2010
Helpful to 2 out of 4 people

This is a trap...I used to be in it. Once I got out, I swore never to do it again...no matter what. There are new laws and regulations. See if you can enroll to pay them back over time rather than rolling them over. Whatever you do, don't open another one. Is there a friend/family member you can borrow $300 from so that you can at least pay off one loan? Then pay that person $50 each paycheck instead of the loan company. Once the debt is paid off with the friend, use that $50 to pay back the next loan, and so on. It will take a while, but once you're done...RUN, and never do it again. They are evil

Activity (1 Total Contributions)

What if I can't pay back my payday loans?

Sep 22, 2010
Helpful to 2 out of 4 people

This is a trap...I used to be in it. Once I got out, I swore never to do it again...no matter what. There are new laws and regulations. See if you can enroll to pay them back over time rather than rolling them over. Whatever you do, don't open another one. Is there a friend/family member you can borrow $300 from so that you can at least pay off one loan? Then pay that person $50 each paycheck instead of the loan company. Once the debt is paid off with the friend, use that $50 to pay back the next loan, and so on. It will take a while, but once you're done...RUN, and never do it again. They are evil