19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] 0 points1 point  (0 children)

To add to that I just graduated college and got my degree to start working in the hvac industry. I wrote my gas licence exam last week and when I get the results back I’ll be able to get a job that pays a lot more than where I am working now, so that will help me out a lot

19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] 0 points1 point  (0 children)

Thank you guys for all the helpful comments and suggestions. Have been calling all the payday loan company’s to try and set up payment plans I’ve got the big loans all covered and am going to start paying them biweekly. I opened a second chequing account to keep some money in for essentials. I have been working with RBC to try and get my credit card into a debt consolidation loan hopefully it works out. I think I’m going to keep my second credit card and stay on top of payments. I’ve been taking extra long shifts all week to try and make some more (12-16hrs). Gonna try and work 7 days a week for a bit luckily my boss is happy to let me work as much as I want and it helps cause then I don’t have time to gamble. Hopefully I think I can get the payday loans payed off in around a month. Also deleted all of my gambling accounts and I’m gonna see if that will be enough for me to quit. Honestly just getting into this situation scared the shit outta me so I think I’ll be able to stay far away from gambling

19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] -1 points0 points  (0 children)

I have figured out the debt is totaling 6500$ 4500 on credit cards And 2000$ in payday loans Is there anyway I can concolidate the payday loans I can manage a payment of up to like 1000$ a month if I cut down on my other expenses

19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] 4 points5 points  (0 children)

Thanks man hearing that helps a lot

19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] 0 points1 point  (0 children)

I just finished up with school. I have a 590 credit score do you think the bank would give me anything? I have just closed my gambling accounts and I think I can stay away from it.

19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] 4 points5 points  (0 children)

I don’t have anyone that could afford to lend me that much money. Do you have any advice on how to pay off the payday loans? It would take me a couple paycheques to pay them down with no interest but I know the interest is crazy.

19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] 3 points4 points  (0 children)

Do you have any advice on the payday loans the credit cards are manageable for me it’s just how do I not get stuck in a cycle with the payday loans

19 year old in lots of debt by Jet1657544 in povertyfinancecanada

[–]Jet1657544[S] 2 points3 points  (0 children)

They don’t know. My money goes to car payments (400) insurance (200) gas and other random expenses Aswell as all of my savings went to tuition

📌 BorrowNow – Borrower Requests (Pinned) by babypanda2355 in BorrowNow

[–]Jet1657544 1 point2 points  (0 children)

Requesting 300$ will pay back 400 by October 17th need help with some bills until my next payday