does anyone out there know how to get a loan with bad credit to escape the trap i got into from cash advance /
Tuesday, November 18th, 2008 at 7:25 pm
Looking For Cash Day Advance Loan Reports
in chapter 13 bad credit .trapped by cash advance/ pay day loans……i owe a 1000.00 but can’t get out because i pay
300.00 in interest monthly?
Filed in: Cash Day Advance
November 21st, 2008 at 1:23 pm
try calling an credit agency that help people with bad credit.
November 24th, 2008 at 12:45 pm
I know what you mean I am in the same boat, I pay 357 dollar a month. Pay Day loans are a debt trap. What I am doing is I am getting a second job and that extra income will go to paying off these ridiculous pay day loans.
unfortunately the only loan you can get with bad credit is pay day loans. But don’t do it get yourself a second income and pay them off as soon as you can.
November 26th, 2008 at 7:04 am
I had to get out of the trap by paying slowly, I did not have much choice in the matter. Another option, if you go throught the loans section in the phone book, some of them will give you a very small loan (they will require Serial Numbers from anything you own though)then you can start to rebuild your credit that way.
November 27th, 2008 at 6:03 am
hang in there, you may have noticed that state after state is outlawing payday companies actually running them out of town because the wording and terms of there contracts violate some laws, contact your local attorney general and if you have access to a recent aarp newsletter article there is some interesting lawsuits that will affect the payday industry from now until doomsday