📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Any good payday companies?

Options
124»

Comments

  • Coolbeanz
    Coolbeanz Posts: 8 Forumite
    Thanks for the advice all. Will give it some thought. If I go down the PDL route, it'll be with the quick loan shop or quick quid as they have the cheapest offers.
  • Robisere
    Robisere Posts: 3,237 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Combo Breaker
    PDL's mean that you can have it all - now.

    Then you can have nothing but increasing debt - later.

    You really know that this would be a wrong move. You are already deep in debt, how can taking on horrendous interest rates help you now?
    I think this job really needs
    a much bigger hammer.
  • Katzen
    Katzen Posts: 535 Forumite
    Uniform Washer
    Pretty sure insurance companies charge interest in a way that means if you pay monthly for a couple of months then pay the rest in full you only pay the interest for the months you used. If you see what I mean. We worked out our monthly payments cost extra £60 over the year so at that rate a month or two would only be £5-10.
    Mortgage Outstanding Nov '16 £142,772.75
    Mortgage Additional OPs 2017 Target £4522.80/ Actual £865.00
    GC Feb 0/£200
  • jacobtheamish
    jacobtheamish Posts: 203 Forumite
    I know for a certainty that there is at least one high st general insurance broker, who can use the interest as a discount. If you are clever you will be able to get your insurance on 10 installments for the same as paying annually.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.