Money needed ASAP

kellylou

This may be a REALLY silly question but here goes!
i need to borrow £500 by tomorrow havent got any friends/family to ask are pay day loans a real NO NO???

Thanks

ClaretMatt_2

Pay Day lenders are pure evil... You'll enter into a cycle of endless debt leading to bankruptcy if you go down that road. It would probably be better to default on the payment rather than take a payday loan to cover it to be honest.

~Beanie~

Depends what you want it for.

If there are absolutely no other way to raise the money and it is imperative that you get it tomorrow, then a payday loan could get you out of a hole.

BUT you must be disciplined and ensure that you pay it back as soon as it is due, don't get rolling it over and make sure you can afford it without taking out any more loans because you are £500 short in your next lot of wages.

I would class it as an absolute last resort but sometimes needs must.

OneLife_OneShot

If the OP can't afford £500 now how could they afford £500 plus maybe £135 ish of interest in a months time?

Apples2

Why owe 500 this month when you could owe 800 next month or even more the following month?

It's a win win ....... Oh! Hang on.....

DCFC79

kellylou wrote: »

This may be a REALLY silly question but here goes!
i need to borrow £500 by tomorrow havent got any friends/family to ask are pay day loans a real NO NO???

Thanks

Whats with the urgency ?

dealer_wins

Wow, OP registered in 2008 and makes her 1st post today. Thats a record isnt it!!

worried48

As long as 1. you can definitely pay it back when you need to, 2. you don't mind the cost and 3. you don't mind trashing your credit file, then yes, take one. Make absolutely certain that you are going to be able to pay it back - and that doesn't mean paying it back by taking out another one.

Fishingtime

dealer_wins wrote: »

Wow, OP registered in 2008 and makes her 1st post today. Thats a record isnt it!!

No she just has a very slow internet connection :rotfl:

gb12345

dealer_wins wrote: »

Wow, OP registered in 2008 and makes her 1st post today. Thats a record isnt it!!

She'll be back in 2018 to thank everyone for their responses.

DCFC79

OP did you manage to find the £500 you needed ?