Urgent advice needed on payday loans.. At my wits end so stressed :(

abbie1988

arghhhhhhhhhhh there is no light at the end of this long tunnel for me, i really don't know what to do.

ive got 5 payday loans outstanding.

dont know how i am going to pay them off - dont ask why i have 5, my life went right down the s*** and now im in even more s*** and have no idea what to do, cant stop crying not eating i really dont know what to do!!!!!!!!

toothfairy are the worst!!! i cant even speak to anyone!!!!!!!!! driving me nuts i owed them 272 yesterday today its gone up to 308! i cant afford to pay it back all at once??? do i let it go to debt collection?? please help

RAS

Please start by opening a new and basci bank account that is with a company that is not related to your existing account provider in any way.

Link to SnV's excellent thread on payday loans here https://forums.moneysavingexpert.com/discussion/2735257 Explains how to deal with the barstewards.

Also do a full SOA here http://www.makesenseofcards.com/soacalc.html

You may not be able to post links yet, so format for MSe, then delete the link in the footer before posting here.

abbie1988

I have a new bank account for my wages - But how am i meant to pay the money back? Shall i write to them all saying i can only afford £50 a month to each of them? what shall i do next? wait for the debt collection agency? thanks

RAS

Please read Saltnvinegars thread NOW, then you can understand how to deal with this.