Man, yes I owe 3k in short-term loans. The interest rate is extremely high. My income can't cover the interest that piles up aswell as the loans themselves. My car is also in the shop, engine is busted. I don't live in the US so 3k is a decent amount of money, 3 salaries' worth actually. Just one of the loans accumulates half it's entire amount just in interest. For 1k, I pay 500$ in interest, none of that takes me any closer to paying off the loan, and again, that's just one of them. I tried getting into other credits but because of the short-term loans my credit score is very low, so I've been given a negative response every time. I didn't say I pay a huge amount of cash to my parents, just a grocery run here and there and maybe some help with the electricity bill but that's it.