I would prefer a hand up instead of a handout, but don’t get me wrong, I am desperate at this point and will accept help in any way.
If you would like to give me a hand up I am hoping to find someone to loan me up to $30,000 (I know it’s a huge ask), but if I could get a loan with a low interest rate (maybe 5% APR) or even no interest with about 5 years to pay back then I would actually be able to manage my debt and get out of the viscous cycle I’m currently in. I understand it’s my own fault for getting to this point but once I couldn’t afford my debt payments along with necessary bills I took out more loans trying to buy myself more time to figure out how to catch up but instead I dug myself deeper and my APRs range from about 30% all the way up to 700%. If I can get a low or no interest loan my payments can actually make progress in paying down my debt instead of almost all of it going toward interest.
If you can’t help me out with the full amount anything helps and I certainly won’t turn away free money but would be happy to pay it back or pay it forward.
Because of my mountain of loans I’ve gotten myself into I’m very worried about losing my home, my car, and most of all my 2 cats if I end up homeless. Aside from my loan debts my roof is leaking worse and worse each day, I can’t afford my insurance deductible and I’m not sure if it would qualify for a claim since it has been a growing issue for close to a year and not a sudden damage situation. My car needs an oil change and badly needs breaks, I drive as little as possible because I don’t want them to wear any faster than I can control.
If there is anyway you can help me with a loan or donation (full amount I need or less I will take anything I can get to help) I will be so greatful.