Payday loans but clearing them part 2.

moomin_master · 6 March 2013 at 5:23PM

Such a long time since I logged in. Been without my phone due to breaking it and Vodafone messing me about but got it now. Woop woop.

Anyway, my old thread is closed so started again.

Quick recap. Was on 8 payday loans but down to 3. With a huge chunk of quickquid set for end of March too be paid. Paid of lending stream completly this month so happy with that. I can see the light at the end of the tunnel now.

moomin_master · 21 March 2013 at 10:23PM

Been checking through my finances for next month to discover that with LS gone, next up is a big Chunk outa my Quick Quid loan. Minimum I have to pay is around £120 but gone for £350. It'll dent my loan a bit and should be almost clear by end of April. Bit of will power and I can see the end. 9 months ago I had 8 payday loans. I couldn't see a way out. I never thought I would come this close to clearing them. Last hurdle now.

jessie4109 · 21 March 2013 at 11:00PM

well done, keep it up :j

hereigoagain22 · 24 March 2013 at 10:28PM

Well done, keep going!! Just think of all the money you can save and all the things you can do once all the PDLs are gone xx

moomin_master · 21 April 2013 at 6:39PM

Okay, so a quick review has made me realise I won't pay quick quid of fully next week but I have worked it out to almost clear it. So end of June just £118 left to pay. This time last year I wad taking our loads without seriously considering/caring about the consequences. Now to think they are going. Really happy. There is light at the end of the tunnel.

moohound · 21 April 2013 at 6:54PM

Shows what Martin says is true, for every debt there is a solution.

moomin_master · 1 May 2013 at 8:08PM

So far so good. Quickquid is down to £114 now and one of my cards is below £400 so inroads have been made. Looking at being down to one PDL next month and on the final stretch. With support of this forum and extensive reading can see the end is there. So a big thank you to everyone.

excited_to_be_free · 1 May 2013 at 8:19PM

WOW!!! Well done you!

patman99 · 1 May 2013 at 8:51PM

See that light at the end of the tunnel ?. It's the candle on your 'debt-free' celebration cake.

e4rub · 2 May 2013 at 4:57PM

Well done, you are doing great. As someone who has just got out of 18 months of hell in a payday loan cycle, I can tell you that it feels great on payday when all your wages belong to you and not to the PDL companies!!!!

Emily x

moomin_master · 30 July 2014 at 9:03AM

Okay, thought I would update this a little.

Well, I cleared and cancelled my PDUK and Payday express accounts. Both are shut down which means I haven't been able to borrow from them.

I fell back a little (a lot) on my payday loans and racked up lending stream and Quickquid.

However, Today I have cleared of Lending stream and demanded my account to be closed down completely.

This goes to show that you can pay off payday loans.

As people who started reading my oldest thread will know I racked up 8 payday loans and it was my lowest point. To think I am down to 1 now, shows it can be done. It is not an easy path, but those who have been down the payday loan nightmare route, there is light at the end of the tunnel.

This forum has been inspirational to me in clearing them. If I hadn't taken my eye of the ball, I'd have been clear by now.

Next up are the credit cards.

Thank you to all.

Payday loans but clearing them part 2.

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