Urgent advice please

axelf45

Need some advice

I currently have loans with beneficial finance - pay £264 til jan then paid off.
welcome finance - 100 a month for another 2 years

i was managing these fine until on holiday a year ago i got a payday via online when i was skint. now im in loads of debt due to this.

I owe 6 companys

paydayuk -300+interest
quickquid - 100 + interest
lending stream - 100 + interest
wagedayadvance - 300 + interest
wonga - 250+interest
paydayexpress - 200+interest

3 of these were recent due to a death very close and i lost the plot a bit (eg gambling, drinking weekends away) but im sorted now apart from this HUGE hole. im trying to get a loan with REAL personal finance waiting for them to get backto clear the payday loans. im 24 and i take home 1070 a month. my parents cant afford to pay them and wouldnt ask a mate

if i cant get this loan what can i do.im startin to stress

thanks

rockyroad_2

axelf im in the same situation as u managing other loans but payday loans a nightmare also waiting on real finance dont have any other option joined a credit union but need to wait to apply for loan with them. will be interested to see how u get on

axelf45

yeh im just hoping the real loan comes through.

id never recommed payday loans to anyone

cyril82

I'd contact one of the independent debt charities often referenced on this site, you are going to need some help above and beyond what anyone here can do for you in an advice forum.

axelf45

ok do you know of a website

axelf45

thanks as well

cyril82

i can't advise you which is best or even who they all are as this is not my area of expertise but this one has been mentioned on this site quite often.

http://www.cccs.co.uk/

There are others on here who can give you far better advice on which debt charity is best etc, hopefully some of them will be along soon, other than that open a thread on the debt free wannabe board as i'm sure you will get some good advice there.

axelf45

ok thanks mate

im hoping to get it resolved by getting a loan to pay them off as i dont want to down iva or anything like that

theartfullodger

Wonga??Those are the crooks who charge 2,689% APR so in your shoes I'd try and get rid of the highest interest debts first...

All of them are dodgy, IMHO

Cheers & Sorry to hear your story...

Lodger

axelf45

cant believe i went this payday route. sometimes feel sick looking at what ive done but got to start sorting it out. duno what im gona do this month with my wages il have nothing left

Gillianh2

What might help is if you post up your details on the Debt free Board. The peeps on there will offer you help and advice on how to cut down on your spending and a way to start repaying these Pay Day Loans.

I am sorry for your predicament and hope you manage to get it sorted.