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Help with debt!!

guitarman08
Posts: 2 Newbie
Hi, over the past 6 months i've been very silly with money!
I have amassed around £2000 in pay day loans from different company's over the past 6 months as with all pay day loans this need's to be paid at the end of the month. i've got to the stage that all i can afford to do is deffer the loans but when deffering the intrest rises and it builds up!
I dont have a clue what my options are if any! please help.
I have amassed around £2000 in pay day loans from different company's over the past 6 months as with all pay day loans this need's to be paid at the end of the month. i've got to the stage that all i can afford to do is deffer the loans but when deffering the intrest rises and it builds up!
I dont have a clue what my options are if any! please help.
0
Comments
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If you post your SOA people may be able to help you:)Try to be a rainbow in someone's cloud.0
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Hi,
Saltnvinegar has a very detailed and helpful thread about payday loan companies - well worth a read. Dealing with payday loan companies:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(
Total Cleared £10586.23: £6539.14 council tax arrears, £825 unauthorised OD, £250 CCJ, £1076.79 NW, £466.22 Cap One, £831.86 CL Finance, £597.22 Assorted
DFD: July 20160 -
Thanks, sorry im not sure i know what a SOA is
!
Thanks for the link!0 -
A SOA is a statement of affairs, basically a breakdown of income, outgoings and debts. There is a link at the top of the thread list that tells newcomers what to do and there is also the budget planner which allows you to create a SOA. If you do one you will get lots of suggestions of where you can cut costs.
:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(
Total Cleared £10586.23: £6539.14 council tax arrears, £825 unauthorised OD, £250 CCJ, £1076.79 NW, £466.22 Cap One, £831.86 CL Finance, £597.22 Assorted
DFD: July 20160
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