Made A Big mistake

silentninja9

I am an apprentice and I only get paid so much... I took out a loan from Wonga for 300pounds and I took out a Loan from quick quid for 150pounds. Now my parents have found out and they are threatening to kick me out.

CKhalvashi

silentninja9 wrote: »

I am an apprentice and I only get paid so much... I took out a loan from Wonga for 300pounds and I took out a Loan from quick quid for 150pounds. Now my parents have found out and they are threatening to kick me out.

In all honesty, I have no sympathy. PDL companies have their place on the market, but only as a short-term solution.

You are at least one of the ones that want to pay back (I assume), and you probably have enough to pay it back, but nothing more.

Don’t borrow what you can’t afford. :beer:

want-it-all

silentninja9 wrote: »

I am an apprentice and I only get paid so much... I took out a loan from Wonga for 300pounds and I took out a Loan from quick quid for 150pounds. Now my parents have found out and they are threatening to kick me out.

Hi Ninja,

Sorry to hear about this, but will they really kick you out over a few hundred quid? What you've done sounds irresponsible, but hardly life changing...they're obviously angry with you, and it sounds like a heart-to-heart may be in order.

...Do you need help/advice on making repayments, or do you have that covered? Sort out the debts and learn a lesson from it

silentninja9

Thanks for the replies. Yes I was very irresponsible, I wont make that mistake again

CKhalvashi

silentninja9 wrote: »

Thanks for the replies. Yes I was very irresponsible, I wont make that mistake again

The way I worded that wasn’t to put you down, it was to fire a rocket up your backside do you don’t make the mistake again!

skintandscared_2

I doubt they will actually kick you out but are probably angry and disappointed that their child could be quite so stupid. You do NOT borrow what you can't afford to repay to these companies on time. Have you actually realised how much they will add on when you can't pay them back on time??!!

Work out how you will pay the loans back, apologise profusely to your parents and show them you've learned your lesson. Then don't touch them again!!!

rdwarr

CKhalvashi wrote: »

Black Lexus GS450h (’61’), White Ford S-Max (’61’), Black Ford S-Max (’11’), Black Lexus SC430 (’02’)

Nice to show a bit of sensitivity when speaking with those who are is desperate financial trouble

_Andy_

silentninja9 wrote: »

I am an apprentice and I only get paid so much... I took out a loan from Wonga for 300pounds and I took out a Loan from quick quid for 150pounds. Now my parents have found out and they are threatening to kick me out.

OK, and what is your question?

CKhalvashi

rdwarr wrote: »

Nice to show a bit of sensitivity when speaking with those who are is desperate financial trouble

I’m a lot older (and I hope a lot wiser) than the OP.

Wiseness comes with age!

poppasmurf_bewdley

I think your parents are really annoyed because they think your loans will have an effect on themselves and their credit rating - which it won't.

You need to sit down with them, maybe show them this thread, and talk to them. I doubt they will throw you out (if they do, then they're not very good parents) but you do need to talk to them.

opinions4u

So are the loans still outstanding?

Are you in default or merely rolling them over month in, month out?

Do you have plans to repay the debts?

If not, where is all your money going?

You've made a post, but I don't really know what the problem is, other than a tendancy to borrow from stupidly expensive places.