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Trouble with payday loans
NeedHelp90
Posts: 2 Newbie
Please do not judge as I know what I did was silly.
I have got 5 payday loans all of which are due to be paid at the end of Sept/beginning of Oct. I have just lost my job and am unable to pay any of them back. I have absolutely no money at all so I cannot even extend the loan and pay a little bit off. I have applied for JSA but don't know when I will receive these payments and just feel out of my depth. I have worked out how much I owe and the total is about £1220.
I feel so down and don't know what to do. I am desperately searching for another job so I can pay them off ASAP but it's easier said than done. Any ideas of what I can do without getting too much further into debt???
I have got 5 payday loans all of which are due to be paid at the end of Sept/beginning of Oct. I have just lost my job and am unable to pay any of them back. I have absolutely no money at all so I cannot even extend the loan and pay a little bit off. I have applied for JSA but don't know when I will receive these payments and just feel out of my depth. I have worked out how much I owe and the total is about £1220.
I feel so down and don't know what to do. I am desperately searching for another job so I can pay them off ASAP but it's easier said than done. Any ideas of what I can do without getting too much further into debt???
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Comments
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Have you spoken to the companies and told them the situation?Debt free once - Back again | Current debt: £2479.50 - January 2025 | Make £2025 in 2025 #11 - £41/£20250
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I have tried. I haven't received a response from any except one and they said the only thing I can do is extend the loan and pay off what I can on the due date. They cannot freeze interest or hold the loan.0
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