A while back, I took out a payday loan and then needed more money so I took out another one and couldn't afford to pay the finance charges on them so I took out another one and the cycle continued, I now have over 10 payday loans outstanding. I am struggling just to pay my bills and rent and I have a 2 year old to take care of. I live paycheck to paycheck and never have extra money. These payday loan companies keep calling my job and home and keep telling me that they can call my job and references if I do not pay them. They kept trying to withdraw the money I owed them and my account was in the negative. Every day these companies put transactions through my account and I cannot close it because it is at a negative balance. They put more than one transaction through per company per day - different amounts each time to see if it clears and it just keeps putting my account more in the negative because it bounces and charges me $28 each one. My! Account is at -$1995.23 and continues to grow. My bank is closing it on Friday. One of the loan companies had a mediator call me at work a few times. I spoke with her today and offered to pay $50 on credit card to start paying off one of the many places I owe. She would not except that and said if I do not send a western union of a minimum of $90 tomorrow, then she will call my job and have them garnish my pay for $225 a week until the amount I owe is paid off in full including court fees. Can she do this? I only take home $370 a week and ALL of my money goes directly towards rent, utility bills and baby diapers and food. I have no relatives to help me. I am scared of what is going to happen. They say that I can go to jail for bank fraud for getting a loan put into my account and not paying it back. They tell me if I do not pay I will spend time in jail for not paying and lose all my car. What can I do? I have no money at all to pay for a lawyer to cover all these cases.! I owe over $6,000. Please give me advise and tell me if what they are saying is true. Can they garnish my pay, put me in jail and keep calling me and my job and references? My job has no idea what is going on, they just told me to stop with the calls or they will have to let me go. Now because this mediator is going to call and ask for the manager today, I am going to have to tell my boss my personal business. I am so embarassed of what is going to happen at work today. I cant eat or sleep and I am worried about my future. Please help.
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