We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Payday loans
Comments
-
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.0 -
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.
xxx0 -
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.0
-
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.0 -
This thread is on a giant piece of elastic.
Astonishing reason for taking a payday loan though even for the American duffers.0 -
i wonder if this person ever managed to get out of debt0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards