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Sometimes life's circumstances leave us very few choices and we decide to do what we feel like we have to do to buy gas and put food on the table. Like I said, i've been there before and as a survivor of payday loans online same day debt I have knowledge that can help you. I want you to ask yourself a question which is, "if you don't have enough money to get by what makes you think you can payoff a loan with 300%- 700% interest?" You might as well sell your first born child. Payday loans may seem good in the short run and you may get instant gratification and even a rush when you hold that cash in your hands or see it in your bank account but in the long run it is a race that many can't win. My story, like many, was that I obtained payday loans to cover immediate expenses I needed cash for but didn't have money to pay the loans back so I got extension after extension paying out ungodly amounts of money.
Before long I was getting new 1 hour payday loans just to pay the other payday loans I had received. I was trapped in a vicious cycle with no way out and a ton of stress upon me. I became a needy fly caught in the payday loan web, especially since most of my loans were online loans; I was literally in a virtual web. The payday loan spider sucked the life blood out of my bank accounts and I didn't know what to do. Please understand that you can't solve a problem with a problem and you can't come out debt by creating more debt. The solution to your debt starts with gaining additional income sources and paying off existing debt little by little so you can be free.
In my own personal loan crisis I got up to almost $1000 worth of same day loans and when renewal payment time came my entire paycheck was gone. This is a miserable experience that I pray you can avoid. You might already be at this state but even if you are I have some suggestions for you that will offer hope. The first thing you have to do is to make a conscious decision to get out of this situation. Decide to change and become a butterfly rather than a fly caught up in the payday loan web. When a caterpillar is going through the metamorphosis in the cocoon in order to become a butterfly there is a struggle. The struggle is in fact what makes the butterfly great because the struggle to get out of the cocoon transformed actually pushes fluid from the butterfly's body into its wings so that it can emerge in beautiful flight.
This process may be a little painful but it will help you fly and be what you were made to be. One thing faxless payday loans companies so that I could get paid from other people acquiring payday loans. Some people are just going to get them so there is no reason why you shouldn't get paid from the process that made you pay so much. The second thing I did is what really helped me which was to get a payday loan consolidation company to take on my debt at a reduced amount and pay the payday loans back for me on my behalf.