Payday Loan Mess!

triticale

cakey_baby wrote: »

My outgoings are £450 to £500 clapton not what i have left then i have around £400 left over to pay outstanding debts. Anyway thank you all for your advice.

What he means is do you really have £400 left over each month with which to pay these debts - if you do, then why did you need to borrow money?

Often a SOA reveals all those hidden outgoings and shows the true picture of what you have left - please take everyone's advice and complete one asap.

han2k9

I am in a similar position and it is extremely hard to get out of once in the cycle. They also as stated further above take money without your permission. I have had this happen on a number of occasions and it is so frustrating. I am trying to get on the straight and narrow but now I have such a bad credit file that I am unable to get a low rate loan to clear them all off and get back on track. I have taken up a second job which gives a little extra income but this is a struggle still
Keep at it though. There is a light at the end of the tunnel once you get your head round it. I find writing it all down and seeing it in front of you helps and also the various budget planners etc