paydayloans

sick0fdebt

hi all i have 4 payday loans one for 550 pounds 500 pounds 260 pounds 117 pounds cant pay them back but i am in full time work i take 230 pounds aweek what would be the best thing to get me out of this problem cant get a loan got bad credit churchwood have said they would help with my debt would you trust them ???

many thanks:eek:

Forever-Skint_4

Hi

I'm new too, so can't offer much in the way of advice, but have you tried speaking to CCCS? They are really good and are a charity run organisation so it's free for advice.

I hope someone comes along with more relevant information for you soon.

tealady

Hi
If you post your SOA (sticky at the top) we can look at your budget and help you get out of this trap.

TeenyBash

As mentioned, give CCCS (Consumer Credit Counseling) a call. They have been very helpful to me. They are a debt charity, so are free. If you google them, have a looksie at their website :-) There is also your local CAB (Citizens Advice Bureau) who can advise you. But whatever you do, don't take out anymore payday loans or loans of any sort to pay off your current debt. It will only spiral even more out of control.

Tixy

sick0fdebt wrote: »

hi all i have 4 payday loans one for 550 pounds 500 pounds 260 pounds 117 pounds cant pay them back but i am in full time work i take 230 pounds aweek what would be the best thing to get me out of this problem cant get a loan got bad credit churchwood have said they would help with my debt would you trust them ???

many thanks:eek:

Hi sick of debt. I would certainly not use churchwood, they will charge you monthly fees to help you get rid of your debts - which sounds crazy doesn't it? they'll actually be helping you stay in debt because that money would be better going to your creditors. I'd contact one of the debt charities who will do the same but for free and will give you impartial advice. As others have mentioned CCCS are one of the charities. IMPORTANT - Where to seek professional impartial advice about your debts.

You might also want to have a read of this thread, as if you can't afford your repayments then you need to open a new bank account - Dealing with Payday Loan Companies

lisajlw

hi not sure how to start a new thread, bassically i owe toothfairy 272 friday 30th september and having difficulties to pay ir back and dont wanna roll over do i emailed them offering a weekly repayment plan and they sent an automatic email saying they dont do repayment plans however i can roll over, which i dont want to. Anyone got any advice of what i should do??? many thanks!!!

rising_from_the_ashes

Hi Lisajlw, welcome to the boards.

At the top of the board there is a "NEW THREAD" button. Click on that and a new one will open - best to start a new one.....