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Payday loans

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  • Well my loans were all for around £200 each, but i think really they would take whatever you could afford as long as they'll eventually get the loan repaid. The one just suggested £25 and said if i had trouble paying that and needed to change it, to just let them know. So just contact them and see what they say i presume they all do payment plans, just work out how much you can afford and how long it will take to pay it back paying that amount each month and see what they say.
    Hope it woks out for you too.
  • tictax wrote: »
    Hi there - just read what the op has been through and this puts the debt into some context. None of us are horrible or mean to appear rude or nosey but by understanding the circumstances that have led to your situation helps.

    As journ said the CAB will be able to help you loads and I hope that the counselling goes well and helps out.

    Take caare

    tictax xx

    Thanks tictax, sorry i was a little harsh before, its just you know when you're in a mess and people state the obvious-which i get alot with my older sisters.
    Thank you, sorry again.
    xxx
  • first and formost you need to explain to your creditors that your circumstances have changed. Out of my 26 creditors, 7 of them are payday loans. Its been a pain in the !!!! but I have eventually had the debts passed to collection agencies who now only get paid what i can afford on a manageable plan.
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    Are you discharged? If not were the loans for over £500? If so does your OR know? You could get in a lot of trouble for taking out credit over £500 whilst undischarged.

    Edit: just saw the above. Although worth checking whether it would still apply for total credit over £500 rather than seperate smaller ones.
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • Apples2
    Apples2 Posts: 6,442 Forumite
    This thread is on a giant piece of elastic.

    Astonishing reason for taking a payday loan though even for the American duffers.
  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    Apples2 wrote: »
    This thread is on a giant piece of elastic.

    Astonishing reason for taking a payday loan though even for the American duffers.

    And your point is ?

    3 year old thread ?
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    meer53 wrote: »
    And your point is ?

    3 year old thread ?

    Lol there was a post by some who posted about owning a gun and payday loans.

    Apples2 isn't the kind to drag up an old thread.
  • i wonder if this person ever managed to get out of debt
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