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    • #46231
      Deceived79
      Participant

      My wife, (now ex-wife) left me July 2017.  Fortunately, there are no kids.  This was before any of my gambling started.  I make about $15 an hour and was stuck in an apartment I did not believe I was going to be able to afford.  In panic started hitting the casino.  Experiencing big wins early got me hooked. Then, would come the losses and the carrot chasing trying to recoup the losses.

      Being married for 10 yrs, I developed good credit.   After maxing out the one credit card I had I soon thereafter turned to taking out personal loans.  

      1st CC–$`11,100; 

      Payday loan– $795.00 (paid back)

      Personal Loan 1-  $7,000.00  

      2nd CC for Entrepreneurial Conference– $10,000 to start a business that has failed

      3rd CC– $6500,00  “” Entrepreneurial Conference

      2nd PayDay loan–$795.00 ( almost two weeks overdue at 330% apr

      1st Installment loan- $5000.00 (just short of $9,500.00) after life of loan

      2nd installment loan $500  (between $2250.00) after life of loan

      3rd installment $3500 ($7000.00) after life of loan

      This is all within a year.

      I HAVE NO IDEA WHERE TO START WITH THIS DEBT.

      I have no clue as what to do other than to stop gambling.  As well as deleting the fake money casino apps from Facebook on my phone.

      Please help!,

      Matt

    • #46232
      Dunc
      Keymaster

      Hello and thanks for starting a thread in the Gambling Therapy forums

      Here at Gambling Therapy we pride ourselves on being a caring and diverse online community who can help and support you with the difficulties you’re currently facing. We understand that this might be a tough time for you, particularly if you’re new to recovery, so come here as often as you need to and participate in the forums, access online groups and connect to the live advice helpline if you need one to one support. We’re in this together!

      Here on the forum you can share your experiences in a safe, supportive and accepting environment. The beauty of writing it all down is that you can take your time and you will be creating a record of your progress that you can look back on if it ever feels like you’re not moving forward. So, share as much or as little as you like but do try to stick to keeping just one thread in this forum so people know where to find you if they want to be updated on your progress or share something with you.

      As well as the forums New Members are invited to join Charles in the New Members Practical Advice Group On Mondays at 21:00 (UK) and Thursday at 19:00(UK)

      And on that note….

      I’m going to hand you over to our community because I’m sure they will have some words of wisdom for you 🙂

      Take care

      The Gambling Therapy Team

      PS: Let me just remind you to take a look at our privacy policy and terms and conditions so you know how it all works!

    • #46233
      bettie
      Participant

      Hi Matt,
      Congratulations on finding GT.
      Throwing good money after bad only creates more debt.
      Been there, done that.
      You could try to contact the creditors and ask for a repayment plan.
      Just a thought.
      Betti

    • #46234
      kin
      Participant

      When you find yourself in a hole, first thing first – stop digging!

    • #46235
      finding_laura
      Participant

      Hi Deceived, welcome to the forum. Kin is right! Stop digging the hole. No more borrowing. No more gambling and adding more debt. Sounds easy but oh so hard. Where are you gambling? Casinos? Can you ban from these places not to be allowed back in? Is there someone who you know and trust that would handle your money for a little while? Not having temptation can help a lot. I’m also wondering if there are any non profit credit counseling organizations where you are that could give you some advice on this situation. A consolidation, a repayment plan or possibly I’m wondering if bankruptcy is an option. A group like that would be better able to advise you. Then think over your options before you decide. The biggest thing you can do is admit you have a problem and start taking action to tackle it. Please let us know how you are doing. Take care,
      Laura

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