I am at the end of my rope Steve. My finaces are out of the roof. Payday loans have once again become a part of my vocabulary, where I once promised myself I would never do it again, becuase of previous payday loan trouble. So I am back into the trap where I cant go without the payday loans.
We have extended ourselves for the household in which we live in by paying for the utilities, groceries and etc.
How can my family stop the payday loan cycle, nsf fees and live within our means?
Well thank you for thinking of me. I’m happy to help.
The issue here is that your current income appears to be insufficient to meet your current financial demands. Something is going to have to change to alter this equation.
I hate to state the obvious but the issues are fundamental. We either need to increase income, lower expenses, or alter the debt. The most effective way to alter the debt is to legally discharge it through bankruptcy.
So post a comment for me below and give me some more information about how you wandered back into this trap again. What happened that tripped you up?
And here is a bit of homework for you, check Benefits.gov and use their online benefits check tool to see if you are eligible for any help. Any help to lessen your financial demands is a blessing.
Please post your responses and follow-up messages to me on this in the comments section below.