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HomeCredit ForumCredit repair

Can I receive a loan with 3 pending payday loans?

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macmy3sons



Joined: 16 Jul 2008
macmy3sons's page
Posts: 2



140 Magic Points
Subject: Can I receive a loan with 3 pending payday loans?
 
 Posted on Wed Jul 16, 2008 2:29 pm  
I need at least $400 deposited today. I have 3 pending payday loans. I am very, very, desperate. Could I borrow at least $400 until my next payday?
 
macmy3sons



Joined: 16 Jul 2008
macmy3sons's page
Posts: 2



140 Magic Points
Subject: Can I receive a loan with 3 pending payday loans?
 
 Posted on Wed Jul 16, 2008 2:33 pm  
My credit is not good at all, but I am trying to establish better credit. I have three children at home and is only paid once a month. I desperately need a loan of approxiamtely $4oo. Please respond ASAP!!!
 
Lorri



Joined: 15 Jul 2008
Lorri's page
Posts: 202



413 Magic Points
 
 Posted on Wed Jul 16, 2008 6:12 pm  
I don't believe that this site is in the money lending business.
 
erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 549



1003 Magic Points
 
 Posted on Thu Jul 17, 2008 2:32 am  
You are right Lorri, this is not a lending site. I hope that you can find some resolution so you don't get behind.
 
Lorri



Joined: 15 Jul 2008
Lorri's page
Posts: 202



413 Magic Points
 
 Posted on Thu Jul 17, 2008 2:38 am  
It always gets me that so many people are trying to get out of the PDL cycle on these kind of sites and yet others come on looking for what we are trying to get rid of. Go figure.
 
erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 549



1003 Magic Points
 
 Posted on Thu Jul 17, 2008 2:46 am  
I don't think they realize that this is not a loan site, until we tell them, LOL.
 
Lorri



Joined: 15 Jul 2008
Lorri's page
Posts: 202



413 Magic Points
 
 Posted on Thu Jul 17, 2008 2:58 am  
True--I guess with the name Credit Magic, someone could think that it was a loan company. Do you see that we have the same random avatar---are we twins? LOL--whoops now it changed again.
 
lostrikan24



Joined: 07 Jul 2008
lostrikan24's page
Posts: 32



1524 Magic Points
 
 Posted on Sat Jul 19, 2008 3:18 pm  
I am not entirely sure if this person is asking to borrow money from someone here. The subject line is asking if she/he can take out a loan with the 3 pending payday loans. Meaning, if she was to apply for a loan somewhere and they pulled up her/his info and saw the 3 payday loans pending, would they still consider her/him for the loan?

Then again, maybe she/him is in fact asking for money. Just my poin of view =)
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 2476



2725 Magic Points
 
 Posted on Sat Jul 19, 2008 4:04 pm  
A payday loan company will only loan you one at a time, but you may have loans from different payday loan companies at one time. I don't advise that you take this route though, you should try to get a consolidation loan to pay all the ones that you have off, then you will have one payment that you can afford.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 1857



8785 Magic Points
 
 Posted on Sat Jul 19, 2008 6:07 pm  
Wow here we go with the pay day loans. they ought to put out big red bulletins on those road side signs warning people.
 
Lorri



Joined: 15 Jul 2008
Lorri's page
Posts: 202



413 Magic Points
 
 Posted on Sat Jul 19, 2008 7:27 pm  
Even if there were warnings, people are still willing to take a chance when they are in dire straits. Cigarette packages have very explicit warnings and yet people continue to buy and use them. People having drank too much know the consequences of drunk driving and will continue to drive anyway. People will do what they want to do, and if they want to bad enough, it doesn't matter what the consequences are.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 2476



2725 Magic Points
 
 Posted on Sat Jul 19, 2008 8:08 pm  
This is true, part of human nature, if we could only turn off the stimulation and pleasure zones in our brains, we would have no addictions or desires, but would we not be boring old folks. LOL.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 1857



8785 Magic Points
 
 Posted on Mon Jul 21, 2008 1:29 am  
Good points both. I love the different views and responses you get here.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 2476



2725 Magic Points
 
 Posted on Mon Jul 21, 2008 2:28 am  
I know that I have used the payday lenders in cases were I have just wasted money and then needed them to cover my butt, so when I get in that position I have no choice but to use them. I have been doing pretty good not using them for a long time and plan to stay that way as long as I can.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 373



3898 Magic Points
 
 Posted on Mon Jul 21, 2008 6:54 pm  
WHy would you take ANOTHER PDL if you cant afford the first 3? Make a payment arrangement with the loan officers and pay your secured debt and high intrest debt first. Your credit will take a hit but atleast you wont accrue as much debt if you do this sooner rather then later. That is unless your financail situation is changing soon. I.e recieving a large sum of $$ or starting a new job
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