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Advise please - pay day loans

steve0793
steve0793 Posts: 29 Forumite
I have been real stupid and got myself in a real mess with payday loans. I used a couple of companies on the net who I repay via my debit card and secondly a couple of local companies who accept postdated cheques !! I have been paying the monthly fees for months now to extend the loans each month, at the same time borrowing a bit more.

Stupid I know but I dont now know which way to turn -if i speak to the companies they may just cancel my right to extend the loans and take the full amounts back via my card or cash the cheques, in which case come pay day I will being back more that I actually get paid.

ANy advise would be greatly appreciated - dont need to be told how bad these pay day loans are or how stupid I have been, believe me, I am well awareof this.

Thanks

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