PayDay loans

gareth01422

Hi all

I am looking into getting a payday loan.

Does anyone know of a repitable companies with first hand experiance?

Gareth

catflea

Firstly. DONT. It becomes a cycle as you need to make up the money you've got to pay back the next month. I ended up running up debts of 13k just trying to keep on top of them.

When you've seriously thought about how you are going to afford to pay it back (having done the maths) then www.wonga.com www.quickquid.com and www.paydayexpress.com are all ones that are simple to use.

Seriously though. DONT. Far better to borrow the cash from friends/family.

gareth01422

Hi

Thank for the reply.

I am only after about 100 pound for 2 weeks.

I am self employed with a solid 35 hours work per week, Its just this week Ive had 3 big bills to pay out.

Gareth

Peelerfart

Agree with catflea - don't !

Do without, borrow from friends/family,ask the bank for a temp overdraft.
We hear so many stories here about these things escalating and the problems that it causes

gareth01422

Peelerfart wrote: »

Agree with catflea - don't !

Do without, borrow from friends/family,ask the bank for a temp overdraft.
We hear so many stories here about these things escalating and the problems that it causes

ok,

I didnt know you could get a temp overdraft.

Will they do one on a buisness account?

mcbean2011

do not, seriously. the interest rates are huge.

try to borrow from family, i know it will be hard but pay day loans are a big no no

Peelerfart

Gareth,

It's a fairly consistant message here about not getting a payday loan, but your response "I didnt know you could get a temp overdraft" tells me you haven't explored all your options.

I don't know anything about overdrafts on a business account but it's got to be worth an ask hasn't it ?

Talk to your bank.

gareth01422

Peelerfart wrote: »

Gareth,

It's a fairly consistant message here about not getting a payday loan, but your response "I didnt know you could get a temp overdraft" tells me you haven't explored all your options.

I don't know anything about overdrafts on a business account but it's got to be worth an ask hasn't it ?

Talk to your bank.

Its a good idea and I'm going to look into it. The only problem I have is the banks buisness advisor, hes never there and doesnt return your phone calls. But never the less, I will give him a ring and see if I can get some more information.

Thanks for the advice guys.

dazzaofdagenham

PLEASE do not borow from a payday loan company.

I talk from experience...Just dont allow yourself to payback loads of money..

I would rather not eat for a week.

Borrow from friends / family or make other savings

JUST PLEASE DONT DO IT

ViolaLass

catflea wrote: »

Reported spam

Me too. Unfortunately, I've had to report you too since you quoted it.