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Working Poor

shadowrider

(4,941 posts)

19. An update

Reply to Squinch (Reply #12)

Tue Aug 16, 2016, 04:43 PM

Aug 2016

I just got a call from him.

He was asking around and found a guy who will take care of the brakes (not including turning the rotors if needed) in exchange for some electrical work.

My brother is an electrician by trade but due to bad choices isn't employable in that capacity.

It's worked out, apparently.

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Does anyone have experience with payday loans? [View all] shadowrider Aug 2016 OP

How much does he need? JustAnotherGen Aug 2016 #1

He needs shadowrider Aug 2016 #3

Been there. Won't do it again. Not worth it. Lilyhoney Aug 2016 #2

Thanks n/t shadowrider Aug 2016 #5

A good friend of mine got stuck in the payday loan trap over three years ago FrodosPet Aug 2016 #4

Wow. Thanks n/t shadowrider Aug 2016 #7

Done it once anoNY42 Aug 2016 #6

I didn't ask him how much he'd pay back a week shadowrider Aug 2016 #8

When will he be able to pay back the $400? Is there a source of money coming in Squinch Aug 2016 #9

I don't know. shadowrider Aug 2016 #10

Unless he can foresee a circumstance coming up when he can repay the loan plus Squinch Aug 2016 #11

What about you doing a gofundme here for him? $400 is a lot less than others have raised. Squinch Aug 2016 #12

I asked him about that shadowrider Aug 2016 #13

Keep us posted, shadowrider. This is a difficult spot to be in. Squinch Aug 2016 #14

I've been there shadowrider Aug 2016 #15

An update shadowrider Aug 2016 #19

I am so glad. Thank you for updating us. I'm very happy for your brother. Squinch Aug 2016 #21

Tell him to be careful discntnt_irny_srcsm Aug 2016 #16

Higher than that shadowrider Aug 2016 #17

At 400% (without payments) the balance doubles every 66 days discntnt_irny_srcsm Aug 2016 #18

The difference being shadowrider Aug 2016 #20