1) Look into getting some warpmetal plate gear cuz it is cheap and will keep you warm til you can afford better.
2) Do the Bonmig newbie plate quest which is expable gear, or do the wyvernfang armor quest if you are desperate and broke.
3) Do the starfall/thurgadin quests if you haven't already, and bear in mind starfall items are expable now.
4) If you are allied with the giant/dragon faction you could pretty easily get the first level of that gear, which isnt great, but it is free and easy.
5) Start grinding VE and E maps, there are a number of items that are better than naked in there for a pally (
VEmap ring,
Arms,
Boots,
Range,
Waist,
Emap ring,
Head,
Earring).
6) Crawl through the wiki pages for all the 45-60 xp zones (mielech, sorcs, DN, north kaladim, heartlands, etc), you will find a bunch of named mobs that are easy to take down and will drop items that will help you get back to the 60s range gearwise.
Once you have money you can buy better gear as was suggested already in this thread, or you can save your money for a charm and just start burning through T1-T3 raid mobs, they should be pretty easy to make pickup raids for, and you should be able to handle them fairly well after following the suggestions I already listed.
Edit - Oh yeah, Moraelintz was right on the money with the Newport ring suggestion too, definately get that
Insignia of Newport.