update on payday loans

learntthehardway_2

Thanks to all who have followed my situation, and gave me advice. I've been too busy to get back onsite....I went upto bank on Monday, loads of ID and managed to withdraw ALL MY WAGES, payday loans had tried to get their money but blocked.Phone hasn't stopped ringing from payday loan companies and emails(tobe expected I suppose) i just hangup.
I then putall my wages in my mothers account, all afternoon monday phoning companies paying bills. gas/electric/council tax etc that should have come out my wages monday.....set up my new D/D WITH THEM IN NEW BANK ACCOUNT for next months d/d........went to Halifax paid cash off morgage and overpaid what I should have paid them. Phoned wages department new bank account for next months wages.Last night went through my budget( cut,cut,cut) This morning phoned c.c.c.s can pay extra £150 into DMP now paying (£500 month)This morning been to new bank, set up d/d for next month, paid small amount to payday loan companies, sent letters off to them (6th time) explaining on DMP....sorry for non payment this month but will be getting payments from C.C.C.S.from 1st October.
Been on phone to SKY will let me have sky for £35 month for 6 months (same package)....you people were right...dont ask-dont get.
Changed my energy suplier, will save £55 a month.
Done budget sheet till I get paid next month.... after everyone paid got £80 a week for us to live on (3 of us)....should do it easy, especially as I aint eating much.
I'm emotionally shattered now, one of the worst weeks of my life, thanks to you all on here who gave me advice your brill especially saltnvinegar. So here goes to next 13 yrs of paying debt back at least I'll keep family home,:o

dancingfairy

Brilliant - sounds very productive - I'm so pleased you were able to get your wages out to pay your mortgage.
There is a letter on here somewhere to ask the companies not to phone you and to correspond in writing only - hopefully some kind person knows where it is.
Oh and if you need any help withthe food budget for the next few weeks - try the MoneysavingOldstyle board - they will recommend cheap eats to keep you all going if you tell them how many to feed and what you like/don't like.
I think you've done the hard bit now and everything should gradually settle down - as you've found out the companies you owe money to aren't initially happy but that's tough - they can't have what you haven't got and they will settle down eventually - especially when they realise they are getting a regular monthly payment.
Good Luck
df
P.S with your new moneysaving attitude it won't take you 13 years - hopefully you'll get a payrise etc etc.

bluejeans53

WOW I am just new to this sight but fabulous to read. I have one payday loan £400 but they will take £500 my next payday. I am going to try and my level best not to renew it next payday

Thankyou for posting for other to read and inspire, that hard weeks work you put in

podperson

That's great, am glad you managed to get your money out and sounds like you have been so, so busy this week Looks like you are managing to get things sorted out so hopefully will settle down soon for you.

eyeopener2

Hey! You've done it. Brilliant!

Now keep it up and as you know, if there is ANYTHING you need help on (and the payday loan pond life will threaten allsorts) just post it on here. Cos one of us, ok a lot of us, will have gone through whatever the problem is.

Well done.

E2

ald65

sounds like you are on a roll!
great news that you managed to get your wages out

saltnvinegar

Hi

Thats great news!

I'm so pleased to hear things are getting sorted for you. But this wouldn't have happened unless you took action yourself so a big well done for taking those first steps to getting debt free.

:T:T:T

I know its really hard getting things started, and the payday loan companies will call, and no doubt bump up interest for a little while, but you can deal with them now the same as any other creditor.

Get the CCCS on their backs ASAP so that hopefully you will get a resolution from them quickly. (As it happens both Wonga and Payday Express have agreed to my own DMP so I know they will do it)

As others have said, its the long game you're playing now. Use this opportunity to get back on your feet and if you feel yourself slipping come back on here for support as the DFW's will help you stay on the straight and narrow!!

Very best of luck for the future and I hope to see you post on here on your Debt Free Day!

SnV

NorthernLas

I think you have done brilliantly ... but I remember that you said you also had possible court proceedings over mortgage arrears. Have Halifax agreed to your payment plan and this is now not a worry for you?

learntthehardway_2

yes, Got court date with halifax , Drydens solicitors on 7th Oct.... but have agreed set amount pay off arrears, monday went in paid over this amount. Gonna try get arrears down quickly as possible, been phoning agencys for extra work.

saltnvinegar

learntthehardway wrote: »

yes, Got court date with halifax , Drydens solicitors on 7th Oct.... but have agreed set amount pay off arrears, monday went in paid over this amount. Gonna try get arrears down quickly as possible, been phoning agencys for extra work.

Hi

Just a quick bump and to say good luck for Thursday.

SnV