DamnSam what have you done? Time to sort it out!

damnsam

Also forgot to add, last night I signed up for Ebay and Paypal, and also 2 more survey sites (making 4 in total).

kissjenn

damnsam wrote: »

Thank you so much for all this! It would make such sense and be an awesome plan....
Unfortunately, I rang the bank today and they won't give me a repayment holiday on my loans.

And, also unfortunately, paying the monthly amount on the payday loans doesn't even reduce them, it just extends them.

As knackered as I'll be, I'm going to have to get a bar job or something, just till Christmas or somehing, and plough everything from that into the payday loans.

If you can get a part-time job that would be great. My concern is that every man, student and dog is currently also looking for p/t work as the country is skint. Students are dropping out of uni because they can't find a p/t job so they may be thin on the ground.

If you can't get one fast will Lloyds extend your OD by 400 to 800? That would give you the £200 extra you need for the first two months of the plan to tackle the payday loans.

Also - apologies if I'm teaching you to suck eggs - don't let a p/t job or the stress of this affect your performance at work. The thing you need most is your perf related bonus - another job that knackers you and makes you less productive at your real job may not be a sensible option - but only you can judge that.

damnsam

kissjenn wrote: »

If you can get a part-time job that would be great. My concern is that every man, student and dog is currently also looking for p/t work as the country is skint. Students are dropping out of uni because they can't find a p/t job so they may be thin on the ground.

If you can't get one fast will Lloyds extend your OD by 400 to 800? That would give you the £200 extra you need for the first two months of the plan to tackle the payday loans.

Also - apologies if I'm teaching you to suck eggs - don't let a p/t job or the stress of this affect your performance at work. The thing you need most is your perf related bonus - another job that knackers you and makes you less productive at your real job may not be a sensible option - but only you can judge that.

I doubt lloyds will give me more overdraft if they're not even willing to give me a repayment holiday. I went in there last month for a "financial healthcheck" when I first started to worry about my situation. All they did was tell me to stay in the limit on my credit card, increased my overdraft (which was all she could do apparenlty), tried to sell me fraud protection and then told me to come back in September to try and consolidate everything.
Helpful!

I know it's gonna be a hard slog (if I do get another job!) but it has to be done. I can then just throw any wages I get from that onto my debts. I'll make sure it doesn't affect my current job, I just won't let it.

kissjenn

It's so doable if you get rid of the payday loans. I was smiling/grimmacing at the TV where they were showing a loan shark being jailed for preying on people with 2000% loans...this is as bad minus the baseball bat at least.

You need to find £400 to make the plan work and pay off those loans by Christmas. I'd ebay, bar work, borrow as anything will be cheaper than these. Once they're gone you will have £260 a month more disposable income, so even without your mum's £100 you'll be in a much better position to pay off the other debts.

damnsam

kissjenn wrote: »

It's so doable if you get rid of the payday loans. I was smiling/grimmacing at the TV where they were showing a loan shark being jailed for preying on people with 2000% loans...this is as bad minus the baseball bat at least.

You need to find £400 to make the plan work and pay off those loans by Christmas. I'd ebay, bar work, borrow as anything will be cheaper than these. Once they're gone you will have £260 a month more disposable income, so even without your mum's £100 you'll be in a much better position to pay off the other debts.

The darned loans! I'm such an idiot for taking them out in the first place, but it was just so easy to do. No credit checks...no nothing! I am kicking myself now!

I'm going to sort it out. Next month's going to be a bit of a squeeze but if I start selling/find a job now it will help.

Am debating with my mum whether or not to tell my dad. I doubt he'd be best pleased, and it's his birthday this weekend so perhaps not the best time to do it! Plus if he finds out, then he will also find out my mum's been helping and hasn't told him already.
Sticky situations!

damnsam

Dropped off application forms into 3 bars after work then walked home and got £100 cheque from mum in the post today.

Only spent 45p today on a packet of crisps at work because I was starving and had had an early lunch. So not a no spend day, but as I took my lunch to work with me I saved the £3 odd that I'd normally spend.

damnsam

I have an interview tonight!! :T

One of the bars I dropped an application into yesterday called today and asked me to go over for a 'very informal' interview tonight!

Fingers crossed!

moo2moo

How did it go?

damnsam

I think it went it well

She said she's only looking for 1 or 2 people at the mo and she'll let me know once she's done all the interviews. It would only be Friday and Saturday nights, but every little helps! I really hope I get it.

Off to the parents for the weekend tonight. Can't wait to see them, it's been ages!

Lemon_Tree

hope you do get offered the job it will help you get rid of the evil payday loans.
sounds like you're going to be doing lots of listings on ebay when you get back from your weekend away. any chance of you roping in a friend with a car and doing a car boot?