How do you get out of debt when you are $2,000 in the hole?

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You pretty much know what to do in this regard. You'll just have to do it.

How do you get out of debt when you are $2,000 in the hole?

You already have the answer, cut back on what is not NEEDED. Get a part time job on husband's off shift.

NEVER go to payday loan places. None of them are good. They are designed to keep you there paying them every 2 weeks that you cannot pay them off fully. Don't go there, don't even acknowledge their existence.

You will catch up little by little.

Good luck with it. Anyone can do it you just need to concentrate.

How do you get out of debt when you are $2,000 in the hole?

I work as a Personal Banker and I can tell you right now that payday loans are a vicious cycle that is very very hard to get out of. They have high interest as well. I would recommend that you try to obtain a personal loan from your bank or a credit card to cover the $2,000. Since you are the primary caretaker of your kids, can your husband supplement the income by taking a second job until the $2,000 is paid off? You might also look into getting a part time job where you can work when he is home from work so he can watch the kids. Have you considered working at a Target or walmart as they are open late? I suggest do anything you can to get out of the payday loan cycle, even if it means great inconvenience of second jobs, moving to a cheaper place, selling off assets (cars, furniture, jewelry), or asking family for help. Good luck.

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How do you get out of debt when you are $2,000 in the hole?

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