I owe over $600 in payday loans. On every payday they take soo much money out of my account. Because of this, I am unable to pay most of my bills, and my boyfriend is wondering why I can't seem to pay them. How do I resolve this situation? How do I tell my boyfriend the truth?
2007-09-28 08:44:06 · 10 answers · asked by Ashley C 2 in Business & Finance ➔ Personal Finance
You might start by getting a part-time job on the weekend to help pay off your debt. And yes, you need to sit down and be HONEST with him. Tell him the truth. You don't want him to have to shoulder the entire burden of paying the bills; that's unfair to him. This is where your character, or the lack of it, will show. You already know what the right thing is to do. So stop asking how you tell him the truth - you just say it!
2007-09-28 08:53:39 · answer #1 · answered by D 6 · 0⤊ 0⤋
Well he will flip if you tell him an most likely leave you, so! Well PayDay loans solve the problem of the day they only get you in big trouble long term why pay $400 for a 20 day loan of $1,500? just does not make sense. Go to a real bank and get a loan to pay off the day loans and put a little extra in the bank for a rainy day. A real bank will let you pay a $1500 loan over about $140 a month for a year.
2007-09-28 16:00:15 · answer #2 · answered by james b 2 · 0⤊ 0⤋
I believe the first step may be to go to a credit adviser. They may be able to set up all of your debt into a one time payment. This will help you budget your funds appropriately.
Also if your boyfriend really loves you it won't matter about your financial situation. The truth is always the best way to go!!
Good luck!
2007-09-28 15:56:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You should just tell him the truth and come up with a solution together. If you keep hiding this away from him the amount is just going to get higher and higher. Good luck.
2007-09-28 15:54:59 · answer #4 · answered by M@caroni 3 · 0⤊ 0⤋
Playing with those loan sharks is $$$$$ stupidity ,
But it is too late now .
You did it and now you have to deal .
Go out for a cheap lunch in a very public place and hand him a note with the confession .
If he still has smoke coming out his ears when you get through ,
Go home in separate cars .
I do hope you don't live together .
Some guy did that and I would have to go upside his retarded head with a frying pan .
>
2007-09-28 15:50:07 · answer #5 · answered by kate 7 · 2⤊ 1⤋
just like that. Tell him the truth. $600 is not that bad. it's only temporary. I'm sure he will understand. everyone makes mistakes, it's human nature! Coming clean with him may even open up new doors in your relationship.. you won't know until you tell him.
2007-09-28 15:52:22 · answer #6 · answered by hoberonius 2 · 1⤊ 0⤋
Are you going to stop payday loans and cut up your credit cards?.............if yes...........have him loan you the money and pay him back 100 per payday.............if you are going to keep doing it........try for a higher paying job.............
2007-09-28 15:49:10 · answer #7 · answered by richard t 7 · 1⤊ 1⤋
Just tell him the truth... exactly how it is... if he really loves you, he will understand and help you through it.
2007-09-28 15:51:53 · answer #8 · answered by *Casey * 6 · 0⤊ 0⤋
this is why people should not use payday loans.
2007-09-28 15:51:15 · answer #9 · answered by Anonymous · 1⤊ 1⤋
be honest, hopefully he can and will help you
2007-09-28 15:55:08 · answer #10 · answered by Anonymous · 0⤊ 0⤋