Got into the payday loan merry go round. Need money to get out!
Hi! I am Amber and have gotten myself into quite a jam. I started out using those payday type loans to pay other bills when I was not getting paid because of issues within my job. They charge you a crazy amount of money to borrow a small amount. If you pay it back within a month great! But I misused it and started getting more to pay the others back and now have now dug myself so deep that my weekly payments are sometimes more than my paycheck. I have posted an example of one I am trying to pay. I’ve been picking up small jobs, trying to pay what I can but the interest is so high I’m barely scratching the surface. I literally work 7 days a week most weeks. I’m burnt out and depressed. No one wants to give me a personal loan that I could actually afford the monthly payments on if I paid back the high cost loans I already have because of my credit and debt. It’s not really much to most people. I have 7 of these loans and including all of the the payoff today It is around $6000. I have no savings because of it and I am just at a loss what to do now. I can’t even pay my health insurance and now I have a tooth that needs to be pulled. People who know what I make a month, can’t figure out why I am always broke. It’s embarrassing. I’ve been trying to do anything I can to get it fixed but I have no one to loan me the money at this point. I don’t want to file bankruptcy over $6000. Please someone help!