Cash advance.help!!?
Question:
I always owe them my whole check each payday.
I can't pay it off without reborrowing for bills and stuff i need.
They won't let me pay some on it.
If you don't pay at all...they deduct it from your checking account..
And you never know if they are even gonna let you borrow the next time.
They're fees are way past outrageous but it's the only way to get a loan for people like me.
And someone telling me that i shouldn't have gotten myself into this predicament in the first place is not an answer! *_*
(something tells me I'm about to get a bunch of rude answers ~_~)
Answer:
Unless you come up with extra money to catch up the hole will only get bigger.
As someone already suggested, find another job, a second job or get a loan with lower or no interest from a friend or family. You have to pay these people back so that you don't continue to pay the high interest.
Then make a budget and stick with it. You can't spend more than you make PERIOD! Distinguish what are necessities and what is wants. If you are serious about making changes, contact National Foundation for Credit Counseling http://www.nfcc.org/
Best wishes.
try a second job.
"people like you" should learn to live within your measns, then you wouldn't need loans. Get a second job
Note rude.You are screwed. I would change banks...force them to take what you have...by working it out with them, you will be better off, but never have to go through it again.
It will be hard but just pay them and don't borrow anything else from them. bill collectors will make arrangements with you and if you keep paying the way you agree with them eventually you will catch up. Also look at your life and see if there is anything you can cut out like cigarettes,beer,candy,movies,m... extra. sacrifice a little now and be free later. Good luck
Get a 2nd job.
Go to a financial counseling service and see if they can help you set up a budget, lower you payments and learn to live within your means.
Borrow the money you owe them in full from your parents or family, Pay them off and then pay back your family.
Their fees are outrageous, but you did agree to them when you took the money the first time.
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What I have figured out with research is that if you cannot afford to pay them back, then don't. Why keep paying them an outrages amount of interest each week. You can stop payment on that check. You can then save the interest money you are paying them, and you will be able to pay them back within a few months. These lenders think they can scare you with into paying it back because you wrote a check, but that is just not true. The law forbids payday loan lenders from initiating or threatening a criminal prosecution against you or from collecting the treble damages that might otherwise be payable pursuant to the Civil Code for a dishonored check. They do reserve the right to collect delinquent loans using all legal remedies available including legal debt collection and civil court action. This is the most legal action they can take against you, it will take them months to take you to civil court, and another month or two to garnish your wages, if ever.
I found interesting information about your answer Here:
debt consolidation loans:
http://all-debt-consolidation-loan.blogs...
credit cards:
http://all-debt-consolidation-loan.blogs...
Good Luck!
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