Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Personal Finance
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 08-17-2010, 08:40 PM
 
48,502 posts, read 96,838,702 times
Reputation: 18304

Advertisements

See a lawyer and file bankrupsy if you can;'t pay them off ;that is the leagl way.

 
Old 08-18-2010, 08:13 AM
 
2,068 posts, read 4,336,431 times
Reputation: 1992
Quote:
Originally Posted by CrestViewdrive View Post
Ok, One day a long time ago I got an email about how I could have up to 1500 in my account the next day by just filling out a form. While, I filled it out, and they put 500 in my account. Well, the next paycheck they only took out 90 dollars. They started to just take out 90 dollars every pay, and I thought they were just taking 90 out every two weeks until I paid off my 500 and then I would be done. Well this went on for about a year. I started to get concerened. Then I called and found out that whole time I was just renewing the loan. I needed 590 to pay it completely off!

I then got a new payday loan so I could pay that one off. Well then that one started to take its toll. During this time I needed to get another because the one I had was taking all of my extra spending cash. Put it this way. Two months later, I got even two more to help keep up with those original two. What do I do? Can I file bankruptsy! Next time I get paid I am going to have pretty much my whole paycheck being just consumed by these payday loans being renewed. I can't pay them off. This sucks I can't work possibly anymore.
This is the most hilarious things I've read in a while!!! Seriously...

But seriously you could open a new account and close the account the loan is linked to. Of course if the loan goes through your bank may pull the funds from your other accounts. Maybe change banks.

You could talk to your bank and tell them to put a hold on any transactions for the X amount. They'll do it with minimal questions and then you'll just need to be ready for phone calls from the loan sharks. If you gave them your work number they will call.

My brother got caught up in the pay day loan mess and in the end I had to bail him out but they do not give up lightly. If I recall correctly after his situation had been going on for a while and he finally asked for help the loan people let him pay everything off at a lower price.
 
Old 08-18-2010, 01:57 PM
 
Location: Victoria TX
42,554 posts, read 86,954,125 times
Reputation: 36644
Quote:
Originally Posted by Fat Freddy View Post
Go down to the docks and look for a guy named Vito.
He will loan you all the money you need.
. . . at a better interest rate. He will even feel remorse after breaking your knees. Which, morally, lifts him above the level of the people you've been dealing with.
 
Old 08-18-2010, 06:18 PM
 
Location: Houston, TX
17,029 posts, read 30,919,735 times
Reputation: 16265
Why resurrect essentially a dead thread...

Anyway my two cents...lesson in life...you should always read the FINE print.
 
Old 09-07-2010, 06:55 PM
 
229 posts, read 573,800 times
Reputation: 164
Call Lutheran Social Services, if they have one where you live and make an appointment with a financial counselor. Or call the United Way and get the name of a reputable financial counseling service. They can help you set up a budget and work with you on this.
 
Old 09-08-2010, 10:20 AM
 
4,246 posts, read 12,024,391 times
Reputation: 3150
Quote:
Originally Posted by texdav View Post
See a lawyer and file bankrupsy if you can;'t pay them off ;that is the leagl way.

You really need to get firefox or something with spell checker.

Oh, and doubtful a judge will let him file for BK. Hopfully he did the right thing.
 
Old 09-08-2010, 08:59 PM
 
48,502 posts, read 96,838,702 times
Reputation: 18304
No judge ALlOWS you to file bankrupsy;the written law allows that. Its is not up to the discresssion of the judge at all.Judges bascailly admnisister the law.
 
Old 09-10-2010, 12:11 PM
 
4,246 posts, read 12,024,391 times
Reputation: 3150
Quote:
Originally Posted by texdav View Post
No judge ALlOWS you to file bankrupsy;the written law allows that. Its is not up to the discresssion of the judge at all.Judges bascailly admnisister the law.


Proof read before hitting "Submit Reply". Do you really have a hard time spelling basic words?

And yes a judge can deny you.
 
Old 10-27-2010, 12:34 AM
 
1 posts, read 4,329 times
Reputation: 10
Hi
My wife and I were finally ready to get the house we wanted, but we could not get approved for a loan. Then we approached a pay day loan company, they immediately sanctioned the loan. I lost job due to economic crisis and i failed to repay.Now they are behind me. I find the payday loan help forums is helpful for me.I thank you for sharing the information.

http://www.the-payday-loans.co.uk
 
Old 10-27-2010, 12:57 AM
 
Location: Duluth, Minnesota, USA
7,639 posts, read 18,121,762 times
Reputation: 6913
Quote:
Originally Posted by Fat Freddy View Post
Go down to the docks and look for a guy named Vito.
He will loan you all the money you need.



Pay-day loans are notorious for their exorbitant interest rates. Look for a family member or friend to borrow you some money. $2,000 isn't too bad, but it could become bad knowing the interest rates on those loans!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Personal Finance
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top