I have fallen into this payday loan hole, and I can seem to get myself out. What would be the best solution to pay them off fast, if I don't have the cash. Should I try and get a personal loan?
How can I get out of the payday loan hole?
The first thing you must do is to get a grip on your spending. Payday loans should only be used for a dire emergency. If you get a payday loan before you've paid back a previous one you're falling into a debt trap.
A site I've recommended in the past would be...
http://www.safelinked.info/go.php?link=l...
Hope that helps.
Reply:Increase your earnings and lower your expenses.
It's the ONLY way
Good Luck
Reply:A personal loan might be the answer. Sometimes people use mortgage loans as well to bring them selves current w/ debt. However you must realize that its much easier to fall in to the trap then it is to get out. So be sure whatever avenue you take, dont fall in to the same habits.
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