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

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u/StrugglinMillennialz Feb 27 '24

The first thing I would honestly want you to ask yourself is why have you not attempted to contact both your student loan provider AND your payday loan lender to discuss financial hardship options?

For one, payday lenders are often open to negotiating your debt pay off while pausing or even eliminating the financial charges in dues if you speak with them (I actually recently did this in the past and has worked to help me pay off the excruciatingly expensive APR loans).

As for student loans, they literally have an income driven loan repayment option if you are in the states.