How Can You Pay OFF your debts ??? - GoFuckYourself.com

Luc Lone Ly · 10-07-2007, 06:03 PM

I have about 12K in student loans, which are defaulted already.
about 2K in credit card
5k I borrowed from my friend, paying 8% interest every month.
6K from a business partner /
so the total debts add up to 25k .

my day job pays very little .

Thank you

tony286 · 10-07-2007, 06:04 PM

www.daveramsey.com

Peaches · 10-07-2007, 06:04 PM

Get a night job too.

Hunter_ST · 10-07-2007, 06:06 PM

Quote:

Originally Posted by tony404

www.daveramsey.com

ditto on that

Barefootsies · 10-07-2007, 06:06 PM

whoa..

Spunky · 10-07-2007, 06:08 PM

Grow Thai sticks

GrouchyAdmin · 10-07-2007, 06:11 PM

Quote:

Originally Posted by Spunky

Grow Thai sticks

Is that... that stuff that's tied to a stick?

rowan · 10-07-2007, 06:30 PM

Quote:

Originally Posted by Luc Lone Ly

5k I borrowed from my friend, paying 8% interest every month.

Is that 8% p/a interest with payments every month, or 8% PER MONTH

If it's the latter then that's nearly 100% p/a

Quotealex · 10-07-2007, 06:34 PM

Quote:

Originally Posted by Luc Lone Ly

d
5k I borrowed from my friend, paying 8% interest every month.

What kind of friend charges 8% interest per month! I beleive the max he can charge, is 30% per year.

$5 submissions · 10-07-2007, 06:37 PM

Dude, depending on the rates of your student loan, maybe you can look into consolidation and renegotiating your debt package?

bDok · 10-07-2007, 06:59 PM

Quote:

Originally Posted by Peaches

Get a night job too.

yea night job. Work weekends... Temp whatever. Hustle that shit gone.

peterk · 10-07-2007, 07:05 PM

get a 2nd job and work hard, you can do it!

F U S I O N · 10-07-2007, 07:23 PM

Sleep with Rick Salomon??

Hey, it worked for Pam Anderson....

ridikuloz · 10-07-2007, 07:30 PM

Pull a Pamela Anderson... find a gay millionaire and have sex with him.. and possibly marry him

Barefootsies · 10-07-2007, 07:37 PM

Quote:

Originally Posted by Alex from Montreal

What kind of friend charges 8% interest per month! I beleive the max he can charge, is 30% per year.

NemesisEnforcer · 10-07-2007, 08:09 PM

Quote:

Originally Posted by Luc Lone Ly

I have about 12K in student loans, which are defaulted already.
about 2K in credit card
5k I borrowed from my friend, paying 8% interest every month.
6K from a business partner /
so the total debts add up to 25k .

my day job pays very little .

Thank you

You should try Prosper. I've been loaning money to people on that site.

The student loan people are very easy to work with. Let them know what you can pay and they will work with you. If you decide to negotiage with them, ask them for the amount of interest that you owe today then ask them to cut it in half. They will do that but if you default again, they will make you their bitch.

After Shock Media · 10-07-2007, 08:14 PM

Quote:

Originally Posted by Luc Lone Ly

I have about 12K in student loans, which are defaulted already.
about 2K in credit card
5k I borrowed from my friend, paying 8% interest every month.
6K from a business partner /
so the total debts add up to 25k .

my day job pays very little .

Thank you

Your friends interest rate is usury and in many states they loose all of the interest for committing it.

Other than that, pick the highest interest debt and pay that one off first and work yourself down the interest rates, and not by the amount owed.

Lastly do not borrow money you can not pay back quickly.

pornask · 10-07-2007, 08:24 PM

Quote:

Originally Posted by tony404

www.daveramsey.com

Who the fuck is this cocksucker? Is he another one of those who made a killing taking money from the most desperate ones? The lowest of the lowlives.

Barefootsies · 10-07-2007, 08:29 PM

Quote:

Originally Posted by NemesisEnforcer

You should try Prosper. I've been loaning money to people on that site.

The student loan people are very easy to work with. Let them know what you can pay and they will work with you. If you decide to negotiage with them, ask them for the amount of interest that you owe today then ask them to cut it in half. They will do that but if you default again, they will make you their bitch.

You should mention that unless this chappy has a good credit score, and is asking for a small amount the odds of him getting any real help on Propser is next to nill.

NemesisEnforcer · 10-07-2007, 08:48 PM

Hopefully his FICO score is above 520.

martinsc · 10-07-2007, 08:51 PM

Quote:

Originally Posted by ridikuloz

Pull a Pamela Anderson... find a gay millionaire and have sex with him.. and possibly marry him

RawAlex · 10-07-2007, 08:54 PM

Ask Alienq, apparently he can teach you how to become a gay cam host.

Barefootsies · 10-07-2007, 08:58 PM

Quote:

Originally Posted by NemesisEnforcer

Hopefully his FICO score is above 520.

It would have to be significantly higher than that to get any real help on Prosper. Especially if he is coming in new with no relationships.

That doesn't even take into account the amount of debt he is asking for, nor which state he lives in for the interest rate cap chief.

NemesisEnforcer · 10-07-2007, 09:01 PM

BTW, for those looking to loan a little money to others check out Kiva. The gain is not so much the return on your loan but rather in developing international relationships. I teamed up with a couple of people to buy a bulldozer in Ghana and it's paying $7K per month on a $70K investment.

NemesisEnforcer · 10-07-2007, 09:14 PM

Quote:

Originally Posted by Barefootsies

It would have to be significantly higher than that to get any real help on Prosper. Especially if he is coming in new with no relationships.

That doesn't even take into account the amount of debt he is asking for, nor which state he lives in for the interest rate cap chief.

He could always try. Only he knows his credit score and what his day job pays. This is the best time of the year to borrow money (last quarter) a lot of us are looking for writeoffs and are willing to take higher risks. I would rather take the risk in helping this guy out than paying it to Uncle Sam. At least there is a chance of making something in the future than it being gone forever.

minusonebit · 10-07-2007, 09:42 PM

Quote:

Originally Posted by tony404

www.daveramsey.com

Stay as far away from that guy and others like him as you possibly can get. These "get out of debt" people are the lowest of the low, I swear. They make millions on the backs of people who can least afford it by selling them a pipe dream.

Your best bet is to get another job, pick up some overtime and/or take on some side work. If you have a marketable skill, put it to use. Less time fucking around and more time working.

Barefootsies · 10-07-2007, 10:16 PM

Quote:

Originally Posted by NemesisEnforcer

He could always try. Only he knows his credit score and what his day job pays. This is the best time of the year to borrow money (last quarter) a lot of us are looking for writeoffs and are willing to take higher risks. I would rather take the risk in helping this guy out than paying it to Uncle Sam. At least there is a chance of making something in the future than it being gone forever.

True dat.

minniesoporno · 10-07-2007, 10:47 PM

20k of debt for myself, a combination of those get now pay later . student loan and a credit card

the way I am tackling my debt is by bringing in more income. and calling my creditors and negotiating a plan would be surprised of how many creditor companies have a interest relief program for people who are behind on their bills to the point where it;s almost reaching third party collections.

citi financial after a year of battling with them got me on their interest free program i pay 15$ a month until my 1300 loan is gone.

the rest that aren't able to cooperate or don't offer an interest free loan are enrolled at a non-profit credit council ling program at credit Canada i pay 62$ a month for up to 3 years or sooner.

- basically all you can do to beat down that debt, is to increase those payments, try and get credit counseling, and increase your income and decrease your expenses.

jryan89 · 10-07-2007, 10:58 PM

whore yourself out!

Luc Lone Ly · 10-09-2007, 05:04 PM

Quote:

Originally Posted by rowan

Is that 8% p/a interest with payments every month, or 8% PER MONTH

If it's the latter then that's nearly 100% p/a

I pay 400/month just the interest. until I have 5K to pay off my debt. If it's calculated by yearly rate, yes. it's 100% .

WiredGuy · 10-09-2007, 05:07 PM

Debt consolidation. Get all those things paid off and get a single loan with a better interest rate. You're paying insane amounts of interest.
WG

LeRoy · 10-09-2007, 05:13 PM

Hey could be worse. No education and in jail. Just work hard and you will make the $$$. I have gotten out of some big debt a couple time.

Spunky · 10-09-2007, 05:15 PM

Flat backing..get out there and sell your ass

After Shock Media · 10-09-2007, 05:17 PM

Quote:

Originally Posted by Luc Lone Ly

I pay 400/month just the interest. until I have 5K to pay off my debt. If it's calculated by yearly rate, yes. it's 100% .

In the US that is illegal.

selena · 10-09-2007, 05:19 PM

Quote:

Originally Posted by tony404

www.daveramsey.com

Dave's da man.

I have eliminated tons of debt following what I read in Financial Peace.

pornask · 10-09-2007, 05:22 PM

Interest is a killer

Moustache Larry · 10-09-2007, 06:37 PM

If you have the credit... Get a 0% balance transfer credit card that gives you a year or more if possible... Then max it out with balance transfers.

It won't pay down your debt, but it will stop the interest from increasing it.

Then after 10 months or so, get another and transfer it again.. All the while paying it down.

GigoloMason · 10-09-2007, 07:17 PM

Quote:

Originally Posted by Luc Lone Ly

5k I borrowed from my friend, paying 8% interest every month.

Thank you

Thats usury if you meant it as you phrased it :x

rowan · 10-09-2007, 07:44 PM

Quote:

Originally Posted by Luc Lone Ly

I pay 400/month just the interest. until I have 5K to pay off my debt. If it's calculated by yearly rate, yes. it's 100% .

Sounds like a true 'friend'. He wouldn't happen to be a shark?

C H R I S · 10-09-2007, 07:57 PM

Try consumer credit counseling or another non-profit service. They'll get you on a plan that will get your debts and interest rates down. One monthly payment - watch out for charlatan copycats that are not truly non-profit.

They'll give you the tools you need to get out of debt for good and education to stay that way - I know a few people who have used this a suceeded.

Also, get new friends.... that one charging that much is doing you no favors.

Barefootsies · 10-09-2007, 08:20 PM

Quote:

Originally Posted by AVNChris

Also, get new friends.... that one charging that much is doing you no favors.

cackle...

Spudstr · 10-09-2007, 08:22 PM

Quote:

Originally Posted by tony404

www.daveramsey.com

Dave is king.

fatfoo · 10-09-2007, 09:46 PM

wow, you are fucked with those loans, sorry , buddy

10-07-2007, 06:03 PM	#1
Luc Lone Ly So Fucking Banned Join Date: Jun 2007 Posts: 183	How Can You Pay OFF your debts ??? I have about 12K in student loans, which are defaulted already. about 2K in credit card 5k I borrowed from my friend, paying 8% interest every month. 6K from a business partner / so the total debts add up to 25k . my day job pays very little . Thank you

10-07-2007, 06:06 PM	#5
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	whoa.. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

10-07-2007, 06:08 PM	#6
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,949	Grow Thai sticks __________________ *YOUR INFORMATION HERE*

10-07-2007, 06:37 PM	#10
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Dude, depending on the rates of your student loan, maybe you can look into consolidation and renegotiating your debt package? __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

10-07-2007, 07:05 PM	#12
peterk Confirmed User Join Date: Aug 2007 Posts: 3,529	get a 2nd job and work hard, you can do it! __________________ Bogat mama ala cu loturi de trafic

10-07-2007, 06:04 PM	#2
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	www.daveramsey.com

10-07-2007, 06:04 PM	#3
Peaches Old broad Join Date: Oct 2002 Location: Away Posts: 13,933	Get a night job too.

10-07-2007, 07:23 PM	#13
F U S I O N Confirmed User Join Date: Jan 2006 Posts: 1,898	Sleep with Rick Salomon?? Hey, it worked for Pam Anderson....

10-07-2007, 07:30 PM	#14
ridikuloz Confirmed User Join Date: Jun 2005 Location: ▓NY▓ Posts: 2,080	Pull a Pamela Anderson... find a gay millionaire and have sex with him.. and possibly marry him __________________ Each persons' level of stupidity makes us different.

10-07-2007, 08:48 PM	#20
NemesisEnforcer Confirmed User Industry Role: Join Date: Aug 2003 Location: Vegas and Los Angeles Posts: 2,122	Hopefully his FICO score is above 520.

10-07-2007, 08:54 PM	#22
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	Ask Alienq, apparently he can teach you how to become a gay cam host.

10-07-2007, 09:01 PM	#24
NemesisEnforcer Confirmed User Industry Role: Join Date: Aug 2003 Location: Vegas and Los Angeles Posts: 2,122	BTW, for those looking to loan a little money to others check out Kiva. The gain is not so much the return on your loan but rather in developing international relationships. I teamed up with a couple of people to buy a bulldozer in Ghana and it's paying $7K per month on a $70K investment.

10-07-2007, 10:47 PM	#28
minniesoporno Confirmed User Industry Role: Join Date: Nov 2004 Location: Toronto Canada Posts: 1,150	20k of debt for myself, a combination of those get now pay later . student loan and a credit card the way I am tackling my debt is by bringing in more income. and calling my creditors and negotiating a plan would be surprised of how many creditor companies have a interest relief program for people who are behind on their bills to the point where it;s almost reaching third party collections. citi financial after a year of battling with them got me on their interest free program i pay 15$ a month until my 1300 loan is gone. the rest that aren't able to cooperate or don't offer an interest free loan are enrolled at a non-profit credit council ling program at credit Canada i pay 62$ a month for up to 3 years or sooner. - basically all you can do to beat down that debt, is to increase those payments, try and get credit counseling, and increase your income and decrease your expenses.

10-07-2007, 10:58 PM	#29
jryan89 Confirmed User Join Date: Nov 2006 Location: Reno Posts: 818	whore yourself out! __________________ Cheap As Shit Website Traffic While Providing The Highest Quality Online! Please Visit The Wild Babe Blog Visit My Webmaster Page For The Best Sponsors

10-09-2007, 05:07 PM	#31
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,497	Debt consolidation. Get all those things paid off and get a single loan with a better interest rate. You're paying insane amounts of interest. WG __________________ I play with Google.

10-09-2007, 05:13 PM	#32
LeRoy Porn Pusher Industry Role: Join Date: Jul 2007 Location: It's a dry heat Posts: 13,346	Hey could be worse. No education and in jail. Just work hard and you will make the $$$. I have gotten out of some big debt a couple time. __________________ JAPANESE CAMS AND CONTENT SITES Teams - leroy.rowland2 Telegram - @lroddd

10-09-2007, 05:15 PM	#33
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,949	Flat backing..get out there and sell your ass __________________ *YOUR INFORMATION HERE*

10-09-2007, 05:22 PM	#36
pornask So Fucking Banned Join Date: Aug 2006 Location: 253-233-241 Posts: 6,518	Interest is a killer

10-09-2007, 06:37 PM	#37
Moustache Larry Registered User Join Date: Sep 2007 Posts: 16	If you have the credit... Get a 0% balance transfer credit card that gives you a year or more if possible... Then max it out with balance transfers. It won't pay down your debt, but it will stop the interest from increasing it. Then after 10 months or so, get another and transfer it again.. All the while paying it down.

10-09-2007, 07:57 PM	#40
C H R I S Too lazy to set a custom title Industry Role: Join Date: Nov 2005 Location: Marina Del Rey Posts: 10,842	Try consumer credit counseling or another non-profit service. They'll get you on a plan that will get your debts and interest rates down. One monthly payment - watch out for charlatan copycats that are not truly non-profit. They'll give you the tools you need to get out of debt for good and education to stay that way - I know a few people who have used this a suceeded. Also, get new friends.... that one charging that much is doing you no favors. __________________ C H R I S Retired Porn Veteran BH4L

10-09-2007, 09:46 PM	#43
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	wow, you are fucked with those loans, sorry , buddy __________________ Send me an email: [email protected]