Single mom drowns in payday loans.

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Listing Information
Amount: $1,200.00 Status: Loan created
Grade: HR DTI: 3%
Lender Rate: 20% Borrower: stephh
Time Left: Finished State: OR
Funded: 100% Group: Debt Consolidators
Loan Information
Loan Status: Paid Origination Date: 2006-12-20 EricsCC ROI: 19%
Status History
Dec 20, 2006 Current
Mar 07, 2008 Late
Mar 21, 2008 1 month late
Apr 21, 2008 2 months late
Apr 29, 2008 Current
May 24, 2008 Paid
Hi, my name is Stephanie.  I am a single mother of two.  I work full-time and did a really stupid thing about two or three months ago and took out a payday loan, not realizing how hard it would be to pay back.. so I borrowed from a second payday lender, and now I have 3 payday loans out and am terribly worried and dread paydays!  Can you imagine anything worse... than dreading your own payday?

I am divorced and my credit is ruined, from a bad 11 year marriage.  We put everything in my name (because he already had bad credit).  I was young and naive about credit and he knew how to take full advantage of my lack of experience.  So I'm left with no way to financially help myself get ahead from this terrible mistake I made.
 
Also, I'd like to add, my federal tax return is approximately $3,000 or more, so I will have no trouble maintaining this loan and can pay it off as soon as the tax money is in my account, which is about 1 1/2 to 2 months from now.

Thank you for your time and reading my add.Stephanie :o)
Borrower's Other Listings
70610 Drowning in payday loan pool HR $3,000 @ 28% Dec 05, 2006 Withdrawn
70617 Drowning in payday loan pool. HR $3,000 @ 28% Dec 05, 2006 Withdrawn

 

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