I’m a 28 year old male and am paying for shortsighted decisions I’ve made. I’ve got two maxed out credit cards and two loans taken out to cover rent, totaling to about $10,100 (one $5,000 loan, one $3,000 loan, one credit card maxed at a $2000 limit, and another maxed at $500, total balance on both is $2,212 and $565). I’ve sought out a plan on National Debt Relief only to discover that since my $5,000 dollar loan is a secured loan, they’re unable to qualify me for a plan. Further complicating matters is that I’ve used payday apps, Earnin, Empower, Brigit, Grant and Klover specifically to cover rent and now after all is said and done my bank account is currently sitting at -$400.
When I got home today I received a call from the second loan company, informing me that my account has been delinquent for 90 days. I’d thought that it was on autopay but unfortunately that was not the case. I need to come up with $500 to give them by Friday, June 20th or they will begin to garnish my paychecks by 20%.
Due to my negative balance I’ve also been unable to pay for my car insurance for this month, the bill for that is $254.44. I really at this point do not know what to do, I’m not asking to have my loans completely paid off, I’m just asking for kindness and any help that anyone is willing to give
Thank you for taking the time to read this