I am a 20 year old student who works full time and goes to school full time...I pay a car note, insurance cell phone and credit card billls, which are all maxed out...I need books my books for school and i have no money and classes have already started...I need some money quick, i have used payday loans and dont think I can do those again because i kinda still owe them, i have no family or friends that can help, what can i do...?
2006-09-01 03:06:53 · 8 answers · asked by Mizz_Miami 2 in Business & Finance ➔ Personal Finance
You could be broke because of all the fees you paid on payday loans. Please do yourself a favor and never apply for another one of these 390% APR loans.
If you bought a $10,000 car with one of these loans, and paid over 5 years, you would pay $185,000 in interest. Your car payment would be $3250 a month for 60 months.
If you still owe on payday loans, then that is killing your financial situation. You may need to look for better work opportunities that allow you to maintain your school schedule. Not an easy thing to do, I know!
You may wish to meet with a financial counselor. Here is a directory of agencies by state:
2006-09-01 03:14:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You're definitely headed for trouble here. First of all, stop spending. Maxed out credit cards and past due payday loans are going to cause you HUGE problems a few years from now. How are you paying for school? Can you get grants? Scholarships?
try half.com for your books, or the library- but noone in their right mind would give you a loan right now.
2006-09-01 05:09:51 · answer #2 · answered by LB 6 · 0⤊ 0⤋
Young lady, a loan is the last thing in the world that you need. You are in deep financial trouble and you need to get your bills paid off. It appears that you are headed for bankruptcy. Than would be a BIG mistake for you. My suggestion is to drop out of school; get a second job and pay off your bills. Then return to school to get your degree.
After you get out of debt, do not return to your spending habits.
2006-09-01 04:39:18 · answer #3 · answered by soar 3 · 0⤊ 0⤋
Personal Loans Are Here To Finance Your Dreams
By: Amanda Thompson
Well, I hope this article helps you find what you are looking for. Good luck!
2006-09-01 03:18:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Put an advertisement on the student bulletin board saying you're looking for such and such books. Maybe if someone answers, you can come to some sort of agreement of payment........Give them afew bucks now and some later.
2006-09-01 03:14:34 · answer #5 · answered by whtecloud 5 · 0⤊ 0⤋
Sounds like its time to get chummy with some of your classmates. They can't be using those books 24/7!
2006-09-01 03:12:49 · answer #6 · answered by ii7-V7 4 · 0⤊ 0⤋
turn a trick for books
work a street corner
a few hours on your back will buy books
2006-09-01 03:12:35 · answer #7 · answered by Anonymous · 0⤊ 2⤋
There may be something of use here.
2006-09-01 03:20:08 · answer #8 · answered by Anonymous · 0⤊ 0⤋