[thegretch]

How do you get rid of pay loans if you can't get a loan anywhere else?

[RichardBondMan]

I am concerned that you may use pay day loans habitually. Why not take on a 2nd job if ends are not meeting ? It's my opinion these types of "financial institutions" tend to get one deeper into trouble. Sorry, I have no quick solution except the one I offered unless you can find a more traditional source of money.

[Fr_Chuck]

Pay day loans are as close to legal robbery as we can get in our society.

Once you get into the trap, the interst builds, and you end up paying more and more.

You have to just stop, pay them off, eat tuna fish and mac and cheese one week. Get rid of internet service, telephone, cable TV and the such and get your bills caught up.

Get a second job, pizza delivery, McDonalds, go door to door raking leaves

[posheak]

Get a second job, work more hours, get a better job, spend less, sell something you own, pawn something.

Pay day loans charge 300%+ interest. I am sure whatever you owe is not at a rate that high so NO - payday loans are NOT helpful - unless you want to go further into debt on one side to be less in debt on another...

You are going to have to learn to live within your means minus some money until they are paid off.

It is a hard lesson to learn but most people can work with whoever they owe money to to extend the terms a week or two... even your rent probably has a lower late fee than the payday loan charges...

Make paying off the payday loan your first priority and eat Bologna if you have to - just get it done (and never do it again!)

Explain to the people you will not be paying that you got into trouble with a payday loan to make your payments. Most know what trouble they are so will be sympathetic to your problem - even if they still want their money! Ask them to give you a little time to pay the 300% interest folks and then tell them you will make higher than required payments when the PD loan is over.