I owe 7-8 licensed moneylenders around 10k.
Initially I only went to two because I need cash for my failed investments.
As time goes their interest were too much for me to handle and I have to resort to go to other moneylenders to pay off just the interest.
I have been paying them for close to a year until the interest has snowballed so much that most of my payments are only for interest.
I have difficulties paying them the interest from this month onwards. I am afraid they will harass me and made me lose my job. I will lose everything including my flat if I lost my job.
I can't tell my parents because they are old and have not much savings.
We recently moved to a new flat and most of the funds were used into it.
So called relatives will claim poor when you approached them for help.
I only hoped that I can meet someone who is able to help me pay this debt off and I faithfully repay this one party at a comfortable pace instead of the current ridiculous rate. One of them required me to pay the, $520 weekly which is killing me.
I definitely can repay this amount given my current salary but not at this high interest.
I admit its my mistake and bad decisions made along the way that led to this and definitely terrified after this incident. I will not repeat this mistake again and will learn to love my loved ones more often.
I think I m in a depression mode now as I can't sleep eat or work properly.
Hopefully someone could help me to give me a chance to redeem myself because I feel that life should to be wasted like this.
Initially I only went to two because I need cash for my failed investments.
As time goes their interest were too much for me to handle and I have to resort to go to other moneylenders to pay off just the interest.
I have been paying them for close to a year until the interest has snowballed so much that most of my payments are only for interest.
I have difficulties paying them the interest from this month onwards. I am afraid they will harass me and made me lose my job. I will lose everything including my flat if I lost my job.
I can't tell my parents because they are old and have not much savings.
We recently moved to a new flat and most of the funds were used into it.
So called relatives will claim poor when you approached them for help.
I only hoped that I can meet someone who is able to help me pay this debt off and I faithfully repay this one party at a comfortable pace instead of the current ridiculous rate. One of them required me to pay the, $520 weekly which is killing me.
I definitely can repay this amount given my current salary but not at this high interest.
I admit its my mistake and bad decisions made along the way that led to this and definitely terrified after this incident. I will not repeat this mistake again and will learn to love my loved ones more often.
I think I m in a depression mode now as I can't sleep eat or work properly.
Hopefully someone could help me to give me a chance to redeem myself because I feel that life should to be wasted like this.
