So I turned off my Xbox One because I had just completed AC4 and wanted to play some Halo. I connected my 360 to the TV, turned the thing on and BAM. Three red lines. This has happened to me before, but I quickly fixed it by unplugging it and plugging it back in. However, it's not working this time.
If anyone is able to give me any help (can't find anything on google that works) that doesn't involve a warranty (mine ran out last year) or taking the thing apart please do...
Until I can save it,
RIP Xbox 360 Elite
2009 - 2014
EDIT: And no, I'm not getting a PC.
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Leave it unplugged for a few hours. If that doesn't work, then you can do the towel trick, which is only a temporary fix. If you have to do the latter, then do it until you can get a cheap one online.