I don't know what to do.
I've read many threads on this website & I'm hoping you all can help me with some suggestions.
Here's what I'm facing.
I live in Washington State.
I have 7 PDL's out. 5 are Storefronts & 2 are Internet.
Money Tree - Original Loan $600+Int of $85 = I owe $548.00
Ace Cash Express - Original Loan $650 + Int of $90 = Owe $740
Cash Store - Original Loan $700+ Int of $95 = Owe $795
Allied Cash Advance - Orig. Loan $700+ Int of $95 = Owe $795
Cash in a Flash - Orig Loan $500 + Int of $75 = Owe $575
PayDay One - Orig Loan $700 + Int of $95 = Owe $795
Think Cash - Orig Loan $750 - This seams to be maybe an installment loan - Supposed to pay $88.34 every 2 weeks for 24 weeks. This is a brand new one.
I have been doing most of these loans off & on for close to a year now.
They are all coming due on July 25th & I don't have the money to pay them. I have $1,376 due on that day & I have $450 coming in.
I'm lost, I don't know what to do.
I've been falling behind on all of the bills including the bills for my fiance' (I take care of all the finances for both of us). But everything is so far behind that we're going to lose everything.
I've been sooooo embarassed about the mess I've made of everything that I have not shared with him. If he found out, he would kick me out.
I've read where you guys suggest making payment arrangements & those are available to me but the payments they want are so high that I can't do that. The payments would be more than I make in a month & I'm already behind on all of my other bills.
I have no choice now but to let all of these loans default so I went to my bank today to close my account. I talked to the gal there & explained (partially) my situation. She said I would have to wait until a couple of ACH's went throught that were for credit card payments I had authorized. She was not very helpful at all. She sure didn't act like she wanted me to open another account at their bank.
So, I went to a couple of other banks to try to open an account. Both would not open one for me because I am in the middle of a Bankruptcy (I have one year left before it is over).
So, what do I do? Do I close down my bank account, default on the loans & try my best to work with the PDL's to pay off my loan?
If I do that, how do I get my paycheck. It is through direct deposit & if I can't get another bank account, I could have them send me a check but how do I cash that? How do I pay my other bills without a checking account?
Oh, God......I don't know what to do.....
Anyone, any advice at all????