payday loan

k-e-l-l-y

Also does anyone know of a decent pay day lender...

iolanthe07

Really, really avoid at all costs - just read some of the threads here about them. They are so often the start of much grief. Can you not borrow from the Bank of Mum & Dad?

jamespir

try the money shop

DaveLy

Well, if you really must get a payday loan... (1500+% APR!!!!)

1. Signup to quidco.com
2. http://www.quidco.com/paydayuk/

That'll knock £40 off the cost potentially (cashback is never guaranteed).

Additionally on quidco... signup to the free trials for lovefilm (£15) and blockbuster (£7.5) for some extra free cash (payable by feb 10) and free film rental upto xmas - just be sure to cancel!

DaveLy

Oh and..."Payday Loans are ruining my life"
http://forums.moneysavingexpert.com/showthread.html?t=2083687

It really can up a downward spiral...

k-e-l-l-y

Bank of Mum and Dad cant lend it...

pwally2

Kelly dont do it!!! I did and was the worst thing i ever did. Try and get the money else where or try putting off whatever you need the money for!!

Apples2

Why did you lend someone £200 when you are skint?

Avoid Payday loans at all costs, it won't solve your financial trouble at all, but pile on more misery

yrthesneakerhead5

payday loans are the best option to meet your small and short term needs

Snakeeyes21

Payday loans are absolutely fine if you know what your getting yourself in to and can repay it on your next payday and can afford to live untill the payday after that without taking out another payday loan.

ive used a few of these payday loan companies and a couple that are the best of a bad bunch are paydayuk and wonga, wonga gets the cash to you withn an hour plus you pay interest on a daily basis so if you repay early you pay less in fees / interest.

paydayuk is a bit slower getting the cash to you but their fees are slightly lower but are added at the start so even if you pay it back early you still pay the same amount.

no doubt people will come pointing saying look at the interest rates because they seem really high, but they are based on if you have the loan over a year with the interest compounded, even the head of the FSA has stated that using an APR for short term lending takes the rates out of perspective, in reality you pay around 25% for borrowing the money for the month.

orc_2

Please avoid payday loans and loan sharks at all costs. It really will be the start of hell.

Can you give a hint as to why you need the money please? I am sure that we might be able to come up with some alternatives.