Should i get a wonga loan

sacha28

summer33 wrote: »

Thanks Haycorns

I know I am making progress, no matter how small it is. I am going to ignore the people that are shouting and saying the same thing over and over.

When I posted my 2nd SOA it clearly showed us in a much better position financially if we were not in debt to the C/Tax and water and mortgage.

In total at the moment I am in arrears with the priority debts approx £1900. Yes selling the caravan would clear that, but we still would owe 15k of debts. This is mortgage 1300, c/tax 400 and water 188.

Now all of these debts are in agreed arrangments with each of the people we owe the money too. The council tax have been helpful in the arrangment, the mortgage company are not going to go for possession, as we have been and will stick to the arrangment. The water has gone to ccj, but again arrangment in place. None of these debts are threatening the loss of our house, or for me to be in a position to go bankrupt.

I firmly beleive that these arrears agreements can be kept to. On my first SOA we were short by £111, By cutting the shopping and trying best to reduce elec and gas bills, which I have been doing, plus x1 Dinner money reducing, plus anything I can sell, this will be manageable. Plus if can move the boys schools will make savings as soon as possible with fuel there.

Yes I was going to get a wonga loan, as was at the point the other day, of what am I going to do, but coming on here, some advice was good and knew I can change.

Some people have got me down as going to be bankrupt and losing everything...that is certainly not going to happen. None of my debts are to that extent.

Thanks for your comments though ..appreciate that not everyone is against me for some decisions I am making

The quote in bold says it all really. To me (and probably quite a few other people I should imagine) it's a no-brainer. Sell the caravan, get rid of the priority arrears and free up, potentially, quite a bit of money on a monthly basis (of which you could use later on for a nice holiday).

On the original question, I am sooooo :j that you didn't go down the wonga route, that is a path that I would never ever advocate. A bitter experience.

(did I read right? You may ditch the school meals?)

VanyaHargreeves

Summer, it may be an idea to see if you can get rid of the landline and use the above saynoto0870 site, OR I use a fantastic app called weq4u that has a big database of numbers, so you type in the premium rate number and they dial an alternative number that they have for that company - it uses your contracted minutes instead. It's a free app and does admittedly look mega-dodgy, but I use it constantly and have not experienced any problems. It's a small saving but a saving nonetheless!

I understand your reluctance to get rid of things like the caravan and the school dinners; financially it's the best option but I think that emotionally it would not be great for you. However, you may need to rethink the school dinners soon if your boy is going into secondary school - the food there generally tends to be significantly more expensive! I went from £6.50/week at primary to £20/week at secondary! Also, we had half hour lunches and it usually took about 20 minutes to queue for food so we'd have to practically inhale the food :rotfl:. Maybe your son will change his mind once he gets there. If you really don't want to force him to start taking packed lunches, it might be an idea to see if you can hold out financially until sept, when you might be able to sit down with him and re-evaluate.

Bublin1

Hi summer33, just for the record I agree with you on the school dinners. It is very important for the kids to get a good meal in the day. They burn so much physical and brain energy during the school day. For me, that would be an absolute last resort.

eta...I didn't realise secondary school lunches jumped up in price. Glad I know this in preparation for next year!

patchwork_cat

summer33 wrote: »

Wow how rude of you, you horrible person. :eek:

I know a lot of people will not like this, but I am sick of being judge and just cos I havent sat back and agreed to every comment and said yes sir no sir.......i have simply commented were I know can make the changes........

Unlike yourself Sacha28 selling every asset you had to take the DRO rounte out of your debt, I am prepared to fight for what I have now....looking to get extra income were I can and see if I can find another way out, and pay off the debt we got ourselves into.

I understand it will take years, but so be it....took years to get into debt, so does take years to get out.

How dare you say someone is a horrible person because she is trying to help you see the light. You just don't get it. You are in a mess and haven't had your LBM. If you let a 10 year old dictate now god help you when he hits his teens! You owe money left right and centre - aren't you embarrassed to owe money to the nursery, I would be and would be doing everything I could to rectify the situation. Unless you change your attitude I fear that your situation is going to get much worse.

summer33

patchwork_cat wrote: »

How dare you say someone is a horrible person because she is trying to help you see the light. You just don't get it. You are in a mess and haven't had your LBM. If you let a 10 year old dictate now god help you when he hits his teens! You owe money left right and centre - aren't you embarrassed to owe money to the nursery, I would be and would be doing everything I could to rectify the situation. Unless you change your attitude I fear that your situation is going to get much worse.

who are you to tell me What I should be embarrassed about. Is this forum how to kick someone down when they are already down. I dont need YOU telling me that I should be embarrassed owing money to the nursery or owing money to anyone else. Think I already know how I feel.....and dont need people like you throwing that in my face.

My kids dont dictate to me, and you dont know anything about my kids, or family life.......so JOG ON with your silly comments that have nothing to do with you, or the situation I am currently in. I dont care what YOUR GUT tells you, Its what me a parent chooses do do with my children.


I know what is best for my kids, and if that means keeping school dinners for 1 of them, then so be it.

Pointless babble

How can I rent a caravan out that is at the side of my house...

thecassman86

summer33 wrote: »

I dont need YOU telling me that I should be embarrassed owing money to the nursery or owing money to anyone else.

Perhaps not. But likewise nobody on this forum should ever be described as a "horrible person" for merely offering help - regardless of how blunt.

We all understand how you feel - you seem to forget that we're all on this forum for similar reasons - It's emotional, it's stressful. We've all been (or are) in debt. But to go out of your way to insult somebody isn't right - no matter how blunt people have been with you, nobody has ever insulted you on here.

Your reply above didn't even hint at an apology which i was a bit disappointed by. Sacha28 is trying to help, just like everyone else.

You have to acknowledge that your debt is high and as much as we've all suggested the odd £10 saving here and there on your SOA, something really has got to give and fast.

Pepperoni

summer33 wrote: »

who are you to tell me What I should be embarrassed about. Is this forum how to kick someone down when they are already down. I dont need YOU telling me that I should be embarrassed owing money to the nursery or owing money to anyone else. Think I already know how I feel.....and dont need people like you throwing that in my face.

I know what is best for my kids, and if that means keeping school dinners for 1 of them, then so be it.

If you feel embarrassed then why aren't you doing everything you can to get yourself out of the debt.

If you knew what was best for yourself and your family then you wouldn't be so stubborn over the lunches..... surely keeping a roof over your families head is the best thing, not giving them hot food you can't actually afford. It will come back to bite you, sadly.

JustAboutThere

Re: school lunches - I grew up in a country that has a tradition of packed lunches. No school I attended ever had hot meals for my entire schooling years (5-17).

We were also running about like mad things in the extensive school playgrounds and playing fields and we were cycling to school as well, so plenty of exercise (plus running about in our backyards with our mates until tea time and sometimes after tea).

We were fine with it.

As long as your child(ren) are getting at least one hot meal a day - which I'd assume is the evening one - then, believe me - they will survive.

The only time we had 'hot' food at school was - for my primary school - about every fortnight a local provider would come in with hot meat pies, sausage rolls, doughnuts, etc., which we could purchase (we knew what day they were coming, so my parents gave me the money).

For Form 1-2 - once a week, each class would allow one child to go to the local fish & chip shop and bring back the orders that they took down. But I didn't order every week. High School we just used to jump over the fence and head there occasionally, but it wasn't a regular thing.

Best wishes.

olivia84

OP; people are honestly trying to help. people just want you to get out of the trouble you're in, if they didn't, they wouldn't waste their time posting.


I personally think you should sell your caravan as well...well, I would if it was me. however, it's obvious you're not going to.


Me and my OH owned a fancy Ford Focus RS (but had overdrafts, loans, credit cards etc!) when OH hinted to me his work was quiet and things were looking grimm, we immediately sold it. it broke his heart, but hey, it's just a car, he got over it, and we have fond memories of it. I now run about in a 10 year old fiesta (OH has a works van) but I don't care. and I don't care what other folk think (not that I'm suggesting you do)


I know it's hard to hear and I know it looks like folk are just having a go at you, but it will be frustrating for them. also (and I know you will think I am having a go as well; I'm not, it's just what I think having seen this a lot whilst lurking on these boards) I feel a lot of people do this....when people make suggestions that folk don't like and then get rebuked for not carrying out the suggestions...the old "I came here for help and advice not to be judged" chestnut gets quoted in defence. I don't think anyone has judged you as far as the debts are concerned - we've all been there so cannot judge in the slightest. it's how you are prepared to deal with them that concerns this thread. I know we are now off topic now. you may not even be reading this as you may have decided not to look at the thread again.


I for one, have found the whole thread very useful as, even though I don't have any debt any more, the suggestions (batch cooking, meal planning, giving up sky, selling Xboxes etc) are all very helpful for me in that a) my sister is in financial difficulty so I can pass the tips onto her and b) good for me anyway in that I want to save money to help me move house in the next few years.


I suggest maybe contacting an admin on the board to ask them to close the thread if you don't want to read any more advice or judging as you see it. (that sounds blunt, but I don't mean it like that - it's a genuine comment - I'm worried you think I'm judging as well!)


anyway - hope you get things sorted.


thanks


Olivia x

Alice_in_Poorland

Hi, as you can see from our amount of debt I'm not really in any position to offer 'advice'. I was an emotional wreck when I had my LBM over 2 years ago (my how time flys!) but with lots of support and help from the people on hear we are slowly...very slowly getting there. I for one couldn't of done it without them (and I am very grateful).

It's has taken us 2 years to finally cancel sky, although it was one of the first suggestions we had when we posted our SOA. It's been gone a month and I have to say we don't miss it, despite DS3 have a minor meltdown when he couldn't get his channels.

We have only had the heating on twice in the last 2 weeks, despite OH complaining he's freezing, extra jumpers all round. The kids don't notice!

Mine and OH relationship can be quite challenging at times so I sympathise with you there, we've had some really tough times (past history raising it's ugly head) but we're just plodding at the moment.

Sorry for rambling on, good luck on your journey and well done for staying away from wonga. Try and stick with the forum if you can. Not all the advice is practical for your personal circumstances but people are only trying to help and what's not practical now might be a few months down the line.

Xx