payday loans

skintandscared_2

Can't you just let a couple go through, so you don't snowball even more charges next month? I honestly don't mean to be rude but I'm not sure how these can "suddenly" become repayable in three days' time, like it's completely unexpected....??

seven-day-weekend

If you do not have enough money to repay these loans, and are having to borrow them all the time, you need to see a free debt management charity such as CAP or CCCS immediately so that you can get help with your debt and budgeting etc.

https://www.capdebthelp.org/en_GB/home
http://www.cccs.co.uk/

opinions4u

simon2010 wrote: »

i am sick of reading these stories of people falling into the PDL trap. They are a menace and ruining people.

You set up a whole thread saying everybody on the planet should agree with your point of view on this. But if you're sick of reading about them, I think you're visiting the wrong pages of the internet.

This particular poster probably needs "ruining" financially to save them from themselves and stop them getting more debt. If a handful of PDL companies lose money to achieve this, that's fine with me.

What could be more brainless than "hi iv gt 5 payday loans all due to come out on friday"? That is some idiotic self-destructive behaviour. The PDLs will finish him off, they aren't the problem - that came before he applied.

EDIT: Reading the OP's other utterings on this forum, I'm going to hazard a guess that he hasn't volunteered his previous address to the PDL companies. The minor issue of mortgage arrears and a repossession. So he's probably obtained the funds by deception anyway. Their fault for not having robust enough checks. His fault for fibbing when he applied.

Apples2

simon2010 wrote: »

i am sick of reading these stories of people falling into the PDL trap. They are a menace and ruining people.
.

It's really quite simple Simon, when you stop borrowing money you have zero chance of repaying, things will appear much clearer.

ihateyes

sceebs67 wrote: »

hi iv gt 5 payday loans all due to come out on friday problem is my wage goes in friday so not enough time to set up a new account to stop these coming out any help someone

Who are the 5 companies. and are they ddeb payments or by card.
ifddeb, cancel these. who do you bank with? the banks all update at different times, some comanies systems will ask shorty after the update, some.... txt loan/ cash genie/ 247 moneybox generally dont ask til shortly after 7pm.

if you do online banking, and can be awake prior to the money going in then you can transfer.

Again some PDL's are easier to deal with, but you need to tell us which 5,, so we can help.

sceebs67

the 5 companies are 247 moneybox cash genie payday express capital finance 1 and mini credit and they are all by card debit card no ddebits set up

dorset31

Capital finance one are a nightmare to deal with - I had a payment arrangement agreed in writing with them yet they still cleared my bank account out!

Can you roll over so you just pay the interest and then open a new account?

sceebs67

no none of them will let me rollover they akll want paying tmoro

dorset31

Have you rolled them over before then? usually you have until the day before to roll over!

I am not sure what else you can do as many PDL companies take their payments at midnight automatically, but maybe try what another post has said and stay up to transfer your money straight out as soon as it goes in!

sceebs67

thanks for your response but unfortunately iv no account yet to tranfer it too as im having trouble getting account with anyone else