Wonga payday loan for £50

Lozzy88

i would do handmade card, and a trip to the park.

But if you think getting a PDL is for you then yes they are VERY easy to get also if you are a first time user look for the code to waver the £5.50 fee, it makes it sightly better

I my self have had one for £100 6 months ago when i had set up a direct debit for the wrong date, i got it over 14 days but payed it back in 4 days and that cost me £104.16 with using the first time user code, but for me it worked out cheaper then getting the bank charges

(thinking about it now i should of just cancelled the direct debit lol!)

Basically just have a good think if you really need it, also is there not some games/films/music that you could sell at your local cex/cash coverters/cash generator

pelirocco

samwich1979 wrote: »

As ive said been there and got debt in the past and wont go down that road again.

The credit has been sent in the post also a small amount straight to my bank account so i will get it, if not i get paid in 17 days and this is when i intend to pay back the loan if i apply for it.

We rent so boilers etc isnt an issue, all our monthly bills have now been paid, so its just a case of getting to payday now.

I will not start using these loans on a regular basis as i wont need to as i know how to budget for what we can afford.

Except you have taken out a new mobile contract and were counting on BTs original refund to pay the bill ?

Your budget for living costs is pretty tight , having to pay out extra in the form on interest and fees could cause you problems .

this has all come about because BT took £40 you hadnt allowed for , If 'only ' £40 has caused you a problem you dont have much spare cash at the end of any month / week in the first place

bargainbetty

Samwich1979,

Honestly, why did you bother asking for advice on here? You want to borrow a small amount for what is genuinely an unnecessary expense via an organisation that will, if you fail to pay it back within the agreed timescale, slap more interest charges upon you than you can possibly imagine.

It doesn't matter to you that your child is so young that he will have absolutely no recollection of the day, and like most small children would be just as happy with a box full of balloons than an expensive gift. You are determined to do 'something' costing more money than you have for no other reason than to satisfy your own wishes.

You ask if everyone does this? No. they don't. They might like to, but lots of people, recognising their limited resources, just don't. A trip to the park, the swings, or using vouchers to get a free day out are all viable choices. You don't need a meal, take a picnic, you don't need a party place or anything else.

If you were relying on a credit from BT to get you through this, then you could use this as a wake-up call and rethink your budget. Something went wrong somewhere (god knows, I've done it) but adding a potential pile of poo to this really isn't a good idea.

Your child won't care. Really. He will dribble, giggle, spill food down his front and pee while you change his nappy quite happily for free. Babies are quite brillinat that way.

Please, look for free stuff first. You'll find all manner of fun things available to you. You don't need to spend money.

Good luck x

kwmlondon

Can I throw the MSE Mantra in here: Do you need it? Is it worth it? Can you afford it?
Do you need to hold an event for your son's birthday? If so then be honest, it's not for him it's for you as he won't be aware of what's happening and maybe you do need to do this, but please don't pretend it's for anyone else.
Is it worth it? Well, I'd say forking out for a card was not worth it, a day out would be nice but how about a trip to the playground? You can get a cheap cake, make some hats and you'll have some beautiful pictures to show him in the future and everyone would be happy.
Can you afford it?
Clearly not as in you don't have the money.

If I'm wrong then I'm wrong, but that's how I'd apply a logical analysis to the situation.

Moneymash

I think the thing to consider if you really feel you need the money is to borrow the minimum amount for example do you need the entire £50. Consider the sum you will be paying back and make sure that when they request the money you have it in your bank account. For example arrange repayment a day or two after pay day just in case there are any issues your end.

Also would the repayment of the sum plus interest leave you short so that you would have to borrow from them again? If so are you able to do overtime at work to cover the entire repayment, thus leaving you with your usual income.

Perhaps do some overtime to build up a buffer for emergencies.

Jo84_2

I have used them twice in the last year amnd had no problems.

The first time was for £150 borrowed over 2 weeks and paid back approx £180.


The last time was for £100 borrowed for 17 days and paid back approx £130.

Iv not had a single problem with them.... just make sure if you use them that you have sufficient funds in your back account come the day you are paying them back.

If you cannot pay back the day you said you would there something like a £20 a day charge for so long, before the price jumps up and up.

So just make sure you have the funds to pay them back and you shouldn't have any problems.

I hope you have a fun and exciting day out celebrating you sons first birthday!!

Bryony84

My 2p, I'm not a mum, but I've been to lots of friends kids birthday parties, more recently a friends daughters 1st birthday.

She had a party at her house with family and friends, each guest bought something nibbly or some cupcakes etc. Small presents were given to the child but she found it far more entertaining playing with the wrapping paper and being passed round family and friends. There were lots of lovely photos from the day and it cost next to nothing, couldn't you do something like this?

Alternatively as others have suggested, the park, feeding the ducks etc are all free. It doesn't matter where you go, the fact that you are together as a family enjoying each others company is what matters. This world is so focussed on spending that people seem to forget that.

arbroath_lass

OP I know I received nothing for either my first Christmas or birthday. No presents, no party, no day out. My parents could not afford it. Am I scarred for life? Has it actually affected me in any way? NO! Well I don't think so, lol.

I think you are worried about what other people will think. Don't. You love your child. He certainly won't appreciate you getting into debt for him.

Give it a miss, do it when you have the money or return some presents and use that money for it. Please don't get into debt for it.

fracturedsun

OK this may not be helpful I'm not sure but if you have to have that money for such a (relatively) small amount of money could you perhaps ask your bank to extend your overdraft by £50 for a month the fees may be similar (depending on the account) but the interest on it will be much lower if something does delay your repayment by a week. My bank has always been happy to increase or decrease my level instantly on the phone but it will depend a little I suppose on how good a relationship you have with them.

Or perhaps a family member would lend you £50 until BT pay you what they owe you.

Just a suggestion. PDL if paid back as planned are a little pricy but work as a small short term (though I understand they can affect your credit rating) but if something happens to delay your payment it can really spiral quickly and unmanagably.

pinkteapot

If you celebrate it one week late, you can spend £64.81 on a day out instead of £50.

In any event, there are countless free family days out available; post where you live in the UK Holidays and Days Out board and people will have lots of ideas.

My husband and I go out most weekend days and often spend nothing apart from the petrol cost.