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pay day loans

hi i have been really stupid and i took out 4 pay day loans from wagedayadvance, quickquid, payday uk and poundstill payday and now i cant pay them back i have been letting them take their money every month then just doing new loans every time and basically now i have come into a situation where this month i cant even afford to defer the loans a month and pay the interest. what can i do? do you think if i rang them they wud let me off this month and if they wouldnt if i sent a letter do you think they woudl freeze the interest and let me pay them back monthly cant beleive i have got myself into this situation any advice wud be great

Comments

  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You need to contact them as soon as possible. If you don't, then don't expect ANY sympathy from them.

    Get on the phone as soon as they open tomorrow.
  • Hi Jo

    In pretty much the same situation as you - Today cracked and applied for a proper loan which was of course rejected due to my financial situation. Have now applied for debt management programme which has included my awful payday loans and I can ignore them for the time being. Feel like a massive weight has been lifted!
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