Ask Experts Questions for FREE Help !
Ask
    bmatt820's Avatar
    bmatt820 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    May 8, 2007, 03:33 PM
    Checking account debt
    For starters, I recently took out a few payday loans when I was kicked out of my house,so I could pay bills,have food,etc. The loans totalled almost 3,000 dollars. The loan companies starting garnishing my account to reclaim their payments I owed them. My checking account is now 2500 dollars over drawn,which has me freak out. I also have credit card debt of about 1200 dollars,and a school loan of 5000 dollars that needs to be paid off.. I really don't know where to go from here. Any help would be greatly appreciated... Thanks...
    gazelleintense's Avatar
    gazelleintense Posts: 175, Reputation: 13
    Junior Member
    		  
    #2

    May 8, 2007, 05:43 PM
    Yikes, sorry about your situation... do you attend church? Perhaps they could offer help? You need to avoid the payday loans... they are bad... they basically take advantage of low income people... charge way too much interest. How did they garnish your account? Did you give them access to it?

    The school loan and credit cards may need to wait for now... they should be on the bottom of your list... did you get a new place to live?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is credit card debt open account debt or a written agreement debt? [ 16 Answers ]

I am currently fighting a credit card debt action filed against me by Unifund. The issue is whether credit card debt is open account debt subject to 3 year SOL in the State of Washington or a written agreement debt subject to 6 years. I asked the same question on another forum and received an...

Garnishment of tx checking account [ 1 Answers ]

Can my checking account be garnished by a creditor with a judgement against me?

Checking account frozen [ 3 Answers ]

Hi, My mother had her bank account frozen due to her credit card situation. Where can she cash her Social Security checks, Thanks

Locked Out Checking Account [ 3 Answers ]

I live in Virginia. I have my daughter on my checking account. Capital One issued a garnishment against her that froze my accounts. They are telling her she has to request a hearing asking for the account to be unfrozen but also must be able to prove that the money in the account is not hers. ...

View more questions Search