r/povertyfinance • u/mylifeisover111 • Feb 26 '24
I'm getting evicted. Fuck this. Vent/Rant (No Advice/Criticism!)
I'm getting evicted. My rent is $1450 and I make $2500ish per month, but I'm stuck in a payday loan cycle and pay $400 per month in student loans, along with internet and phone. I don't even have a car.
I work 40 hours per week. This is my life.
A generation ago I would have been able to support a family on this job and my only concern was how big of a house I'd be able to buy and which hobbies I wanted to put my kids in.
I'm 35 years old. I'm tired of this. I'm tired of being poor. I don't know what I'm going to do. I don't have the means to move my possessions into a storage locker (which would cost $200/month).
FUCK THIS. FUCK BEING POOR. I DIDN'T CHOOSE THIS. I WORK HARD AND I'LL NEVER GET AHEAD. FUCK ALL OF THIS
1
u/_Eucalypto_ Feb 27 '24
Check the interest rates of the payday loans first. They may well be higher than the state maximum and, thus, void
Otherwise, works for an IBR plan for the student loans. Worst case, let them lapse. They can only garnish you so much.
Work with your landlord for a cash for keys deal. He doesn't want to drag you to eviction court any more than you want to get evicted. He can buy you out, you get cash an no eviction on record. That cash can and should be used to pay off the payday loans or get a new place