Debt Consolidation Loan/Help Payday Loans!

John1993_2

Your numbers don't look right. Minimum wage of £6.31 per hour, for 40 hours a week, is about £1,100 per month before tax, which is £970 after. On 50 hours that's £1,150 after tax.

If you are getting less net pay, it looks like you are doing fewer hours.

dktreesea

Can you increase the hours you work, even if just for a couple of months to get you back on track?

What about going to someone like Wizzcash, rather than Wonga? You can pay back the loan in 3 instalments rather than in a lump sum and they do work out cheaper than Wonga.
https://www.wizzcash.com/wonga-payday-loans/

Better still, how about approaching your local credit union? You can join a credit union, even if you can only afford to save a£1 a month initially. http://www.theguardian.com/money/2012/nov/02/credit-unions-payday-loans

Keeping_Positive

Hi

I would go over to the debt free wannabe board for help. Also there is free help through CAB and Stepchange. All can give yiu good advice.

[Deleted User]

markybb wrote: »

I would be very weary.

I don't doubt it. It's taken you a year to drag this old thread up. You must be completely knackered.

But have a spam click for your troubles.

stator

Deleted_User wrote: »

I don't doubt it. It's taken you a year to drag this old thread up. You must be completely knackered.

But have a spam click for your troubles.

And now the threads going to stay around because you replied to the spam

Cue lots of replies to the OP no-one will read:

cajef

stator wrote: »

Cue lots of replies to the OP no-one will read:

As in post #16 above.

JDills

Sucks man! Payday loans are such a pain, I would advise them that you are having money problems and enter into a debt management plan.