Hello, I’m Nikola, 21 years old and I come from Serbia. I’ll go straight to the point – I am here because I’ve made one of the biggest mistakes in my life and i can’t get out of my situation no matter what i try.
In desperation to repay my debts on time I had to loan money from illegal local lenders who are charging me higher interest rate than i can afford.
Since the death of my father, because of financial situation that emerged, my mother and I separated and we started living on our own. That sudden lifestyle change forced me to change my college to a cheaper one and forced me to start working, which I was optimistic I could handle but the problem is that until I finish college I can work for minimum wage which is 280€. Over time i slowly built up little debts trying to survive, jumping from one job to another. So, in order to avoid legal troubles I had simply loaned money from wrong people and am learning my lesson the hard way.
Monthly debt and expenses I have are much higher than i can earn and i’m trying to avoid loaning more money to clear existing debts.
I don’t know how much i can hold out like this, so I’m asking for help here. If you can’t donate, I am also willing to work from home if that is an option as well. I am willing to learn.
Currently I owe 11.000€ to them. (I took 10.000€ to repay all my debts, but their interest rate is 10% per month).
Before my stupid decision i owed:
- 3.000€ for a car;
- 6.000€ in total for college;
- 450€ for rent (3 months worth);
- 380€ for my bills i was behind with.
- 170€ i spent for a weekend getaway.
Please help, I don’t know what to do anymore…