rachlls Posted September 17, 2004 Report Share Posted September 17, 2004 In the past I had some issues w/ my credit. I was too young to have so much and until about 3 months ago I was on getting back on track. I fell a bit short one week and went to one of those dreaded PAYDAY loan sharks. I have gotten myself in shuch a mess here. I have 2 of these now and they are costing me almost $200 every 2 weeks in fees alone! I have been approved for a cash loan that would enable me to pay off everyone including these money vacuums. This would cut my monthly bills by about $200/month. I would loe to jump on the loan but there is a catch. They want 2 payments (fully refundable supposedly) up front. Refundable incase you change your mind. The company has a physical address, local phone number (although it is a recording to tell you to call toll free #). The name of the co is National Lending Info. Anyone heard of them? I feel like such an idiot. I am sinking fast and need a life preserver (advice) please. Link to comment Share on other sites More sharing options...
katwoman Posted September 17, 2004 Report Share Posted September 17, 2004 I'm sorry to hear about your situation but the only thing I can offer is the following:Sell off whatever you can. Everyone has something of value.You might have money you can borrow against, like a insurance policy or CD's.How about a relative? My mom put up her CD and I took out a loan at the bank against the CD. Do you work? Do you have a 401K or IRA's you can cash out? How about your boss? My old boss frequently gave loans to his employees, interest free. Link to comment Share on other sites More sharing options...
anti-something Posted September 17, 2004 Report Share Posted September 17, 2004 agreeing with katwoman!garage sale, ebay, anything but taking another loan, specially one that wants so much upfront when you are already having probs, dont dig yourself a deeper hole.do whatever it takes to get the loan sharks out of your life.good luck! it will work out ok Link to comment Share on other sites More sharing options...
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