How do you get out of debt when you are $2,000 in the hole?
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My husband and I have had a rough patch and went almost a month with little to no work which put us in the hole by $2,000. Now, he has a good paying job but it pays enough to take care of our present bills not the outstanding debts ie: payday loans. What are some money savy ways to get out of debt? Will payday loan places work with you?
How do you get out of debt when you are $2,000 in the hole?Payday loan places are usually pretty scummy and probably won't work with you. Try to work a second job if you can get one (working retail on the weekends, delivering pizzas, deliving packages/loading trucks for UPS) and put all that money towards the loans. Try to live on a written budget. No going out to eat, going to the bar, going to the movies, no shopping sprees, ect. Discipline is the key
How do you get out of debt when you are $2,000 in the hole?Probably better to go to a real bank and take out a small loan or a line of credit to pay back those Pay Day loan sharks. Then pay off the two grand as you can...those Pay Day places will likely hold a balance with you, at crazy interest. Good luck, debt sucks!
How do you get out of debt when you are $2,000 in the hole?Payday loans are the final step to being homeless and in hell .
The rates are loan shark rates and the courts side with them because stupid people sign on the dotted line .
I got 2 jobs , start waiting tables or whatever and then get a 2nd job .
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