Answer: -The thing you absolutely need to do is take action before your payments are late. Sometimes if you contact your creditors and explain your situation they will let you not make a payment for a month. Creditors just want their money and if you contact them first they will see that you do want to pay them. -Do you have any collateral for a $5000 loan? If not, you are very unlikely to get it.Each time you apply for credit, your FICO score takes a hit. Creditors see that as you being desperate and they are very unlikely to loan you money.The 16 accounts that you have.....are they maxed out? That will lower your FICO score.If you are getting hit with back child support and the IRS is also garnishing....and you only have money left to pay your rent and interest on a pay day loan.....you don't need another loan. I suggest that you contact Consumer Credit Counseling Service in your area and ask them for some help. They can arrange for lower interest, less amount being paid out each month and help you to regain your credit. But it will take time. You are right....you are in a hole and you need some help getting out.