This is a long story,but I’ll do my best to keep it brief.
My dad was diagnosed with paralysis since last 14 years and we did not have insurance cover. When my dad got sick we took out all our money saved, and spent it taking care of my dad and our household chores. We compromised on the level of healthcare because we live in a country where you have to be privileged to get the best healthcare. Today, situation is still worse with all our savings are gone and we struggling to survive.
My family hasn’t ever been much out of lower middle class status.`Dad being paralytic and mom a homemaker,my brother and sister devoted their lives to studying, the weight was put on my shoulders that I needed to get the daily bread.
I didn’t want to be in debt but the mantra was ‘Get a decent job and you’ll be sure to have a great life!’
I wanted to be the one to make my parents proud so I took out whatever loans I needed to make ends meet. I had applied several times from various loan lenders who never gave me loan.
I was in need of an urgent loan for my sisters wedding and i applied from various loan lenders who promised to help but they never gave me the loan. When everything was said and done, I opted for mortgage loan pawning my house, the amount recieved to be used for my sisters wedding expenditure. This clouded me by over $50k in debt.That’s where the actual debt started, but little by little, we were steadily paying it down with total expense reaching for about $1000 per month.
For 10 months, I paid EMIs regularly, climbing deeper and deeper into debt. The worst part is, without health insurance, any time any of us get sick, it means more debt.
After trying to find a job for several months, I looked for work, but couldn’t find a steady job with benefits, I was left to move back to odd jobs that came my way so that I could afford my loan repayments. When it became clear that there were no jobs to be had, I went freelance.
A year and countless resumes later, I feel trapped. I work at a job that provides me bare minimum for household expense but nothing else leave alone to make loan repayments, bills and taxes. Feeling is so stressful leading me towards depression.
I’m nearly 30 and I’m unsure and fearful of my future.
I would love to cut up my loan,but it is a very slow process, and every time I make progress, something else happens to set us back. It’s always two steps forward, one step back or sometimes, one step forward, TWO steps back.
I am in economic hardship deferment and cannot make payments,in debt, jobless, unable to work, and can’t pay my bills and taxes. I’d be on the streets with my people if not able to repay the loan and get our house back from the bank, except for the kindness of genorous people like you who would come forward and support my cause.
I request all the caring and sensitive people to look towards helping me out with a solution in whichever means possible. I would be reallly grateful to all even if you spread the word of support for this cause.