I’ve had multiple payday loans since they first came available. I’ve had as many as 11 loans out at a single time. I had to pay back so many loans that I would have to take a lunch break between them on the first day and then go back out the next day to pay back and reborrow on the rest.
It was very stressful, to say the least. I have been in this situation several times but have finally found my way out for good. How did I do it? Well, the first two times, I burned them all at one time and didn’t pay a single one of them back. It was not my finest hour but at the time it was my only option.
The third go-round I told myself that I would fight my way through it and pay each lender back no matter what, and I did. Sure, I could have burned them again but I told myself that I put myself in this situation and it is up to me to see my way out of it the right way, this time. It took a few months but I eventually paid them all back.
So there you have it. I have laid out two options for you and which one you choose is entirely up to you. I would never advise that you not pay back what you borrowed but I’m sure the thought has crossed your mind already so that is the only reason why I have mentioned it here.
You might also like: The Payday Loan Shuffle!
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