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sorting out my payday loans
just2kisses
Posts: 8 Forumite
Hi guys!
Im a newbie to this site so Im sorry if I repeat anything that has been mentioned or is easy to find elsewhere.
I am a supply teacher on quite a good income. However, at the start of this academic year (09/11) there was no supply work available. As I went without work for a few months I stupidly took out pay day loans knowing that work would pick up eventually (which it did- im currently in a post till at least July).
Unfortunately the repayments of the payday loans have become unmanagable. What I would like is to get a loan from a sensible(!) lender with a normal(ish) APR so I can get rid of these horrid loans.
The amount outstanding on my payday loans is £1500
I currently have: a house worth 110k with a remaining mortgage of 40k; two Credit cards at low limit, an overdraught facility of 2000(at limit), approx 150 on an argos storecard and 2000 remaining on a car loan I took out a few years ago.
I actually could afford some kind of loan repayment- but this one is ridiculous! Ive already sold my car- I dont have much else personal possession wise
I must mention my credit history is not brilliant and my work is temporary- but there must be somewhere with a better APR than 4000%!
I get net pay of £450 weekly.
I forgot to mention that I moved for work- from manchester to nottingham- and I pay £275 a month rent down here.
I thank you all for you advice, Im sorry if I seem careless- I admit I was- but I was in a desp situation and I wasnt wise enough to chose a better path
Thanks in advance to anyone who replies
David
Im a newbie to this site so Im sorry if I repeat anything that has been mentioned or is easy to find elsewhere.
I am a supply teacher on quite a good income. However, at the start of this academic year (09/11) there was no supply work available. As I went without work for a few months I stupidly took out pay day loans knowing that work would pick up eventually (which it did- im currently in a post till at least July).
Unfortunately the repayments of the payday loans have become unmanagable. What I would like is to get a loan from a sensible(!) lender with a normal(ish) APR so I can get rid of these horrid loans.
The amount outstanding on my payday loans is £1500
I currently have: a house worth 110k with a remaining mortgage of 40k; two Credit cards at low limit, an overdraught facility of 2000(at limit), approx 150 on an argos storecard and 2000 remaining on a car loan I took out a few years ago.
I actually could afford some kind of loan repayment- but this one is ridiculous! Ive already sold my car- I dont have much else personal possession wise
I must mention my credit history is not brilliant and my work is temporary- but there must be somewhere with a better APR than 4000%!
I get net pay of £450 weekly.
I forgot to mention that I moved for work- from manchester to nottingham- and I pay £275 a month rent down here.
I thank you all for you advice, Im sorry if I seem careless- I admit I was- but I was in a desp situation and I wasnt wise enough to chose a better path
Thanks in advance to anyone who replies
David
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Comments
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I also must mention that I live very basically- I live off £1 weigh watchers ready meals and porridge and I walk nearly 5 miles to and from work- I AM SERVING MY PENANCE!0
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Hiya, if you could post up an SOA there are loads of wonderful people on this board who will be able to help you.0
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Sorry to be a noob but what's a SOA?
Thanks
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just2kisses wrote: »Sorry to be a noob but what's a SOA?
Thanks
statement of affairs (SOA) somebody will give you a link so you can calculate your outgoings, sorry but I don't have it with me on my phoneExcel Parking, MET Parking, Combined Parking Solutions, VP Parking Solutions, ANPR PC Ltd, & Roxburghe Debt Collectors. What do they all have in common?
They are all or have been suspended from accessing the DVLA database for gross misconduct!
Do you really need to ask what kind of people run parking companies?0 -
Excel Parking, MET Parking, Combined Parking Solutions, VP Parking Solutions, ANPR PC Ltd, & Roxburghe Debt Collectors. What do they all have in common?
They are all or have been suspended from accessing the DVLA database for gross misconduct!
Do you really need to ask what kind of people run parking companies?0
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