Should i get a wonga loan

[Deleted User]

summer33 wrote: »

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.

Why take up 10 pages then, and actually I think Sasha, and her like are courageous - why?
because they stood up to their debt instead of wallow and self pity


I've every respect and recall speaking to someone else who thought nothing of expecting a lender to write off debt; that is far worse then paying no scraping together £90 to go through a DRO - you OP have this option too (albeit bankrupt/IVA) because you have assets - just like someone who pays their debts can get their PPI repaid if that was miss-sold and perhaps due compo, who do you think gets the easier payout? everyone has a choice, I'm sorry but I feel strongly when someone on a DRO is citing as having took the easy option then I've also seen people sob at the excruitiating level of debt and when their treasured possessions have gone, they do go on to find peace


There is little point for ending up bitter & twisted
x

arsenalmorris

Seems pretty simple to me, Sell the caravan, pay the arrears this resulting in more free cash each month, save that cash for paying of more debts and unexpected bills when needed or maybe even put that away to rent a caravan etc if needed for a week, You will still feel alot better knowing your debts have gone instead of carrying on in debt because you want a caravan sat outside your house that you cant currently even afford to use occasionally,

I can tell from your attitude that you will not be taking up this advice but that is just my opinion,

Good luck anyway

summer33

Thanks for all the new comments and advice.

Just a quick update with what changes I have made.

Spoken to virgin media, cannot disconnect as in contract and 10 months left. They can reduce tv down to lower pack and bb speed reduced down. Put me on a deal of 19.99 as now set up dd, and no paper bill charge.

Mobile phone would not budge on contract.

Boys school is changing this Monday, so from next week will be saving on fuel

Have seen an improvement on the elec meter (not had to top us as much this week ) washing dishes, not using dishwasher, on at kids bout the lights, I not had tv on of a day. Making sure everything is off when I go to bed.

Sold 3 things on my ebay, and listed quite a bit on my friends, they all due to end this week. Lots of youngests clothes, xbox games and toys that dont get used. Plus some of it on gumtree.

Also meal planned for the remainder of the week, so wont need to spend anything until Friday when husband gets paid. Will have to get boys new school jumpers on friday. 1 each though as school insist on uniform being worn. A friend who's children go the school has given me 2 ties, and 1 PE top for the younger son, so thats good

Thanks for postive help and advice. A big improvement from last week :T

swampduck

How do you eat an elephant? .............. One bite at a time!!

Well done - small steps but all heading in the right direction. You sound much better now and the mood in your posting sounds much more positive. Well done!!


Swampy

hohum

Getting out of debt is an emotional as well as a financial journey. Shouting at the lady isn't going to make her change her mind, in fact it's clearly having the opposite effect which could be really unhelpful. Without the judgement going on here (and it is judgement from a number of posters, no matter whether it comes from a good place) it may be that summer can review her situation in a month or two and may have a different position on meals and caravans. The more you harangue, the harder she's holding on to what is obviously an important symbol and the harder it becomes to let go if needed.

emmaglet

Wow, that has proved to be interesting reading!

Summer, I know everyone has been offering you suggestions and of course it is up to you as to whether you take them or not. You just have to remember that posting in a public place means that everyone has their opinion and they have the right to defend it. I remember a few years ago when I'd just got together with my now fiance, I posted on a forum asking how we could protect a holiday against us breaking up (e.g. is it covered by insurance or should we book at the last minute) and the amount of flack I got was awful - complete strangers telling me that our relationship wouldn't last, etc etc etc. That's something you have to put up with on the internet. No body means it personally, but it IS frustrating seeing someone ask if they should get a Wonga loan when they have £2k of assets sat in the drive. BUT I'm not here to talk about the caravan. Most people on this board are in debt or have been in debt. They've all been told to cancel Sky/Virgin/holidays and everyone makes their own decisions. Debt needs to be paid but life needs to be lived.

What I'm actually here to say is that alongside the PM I sent you a few days ago, be sure to check out the DFW diaries and the DFW challenges. There's 2 challenges I love - make £10 a day and pay off your debt 1% at a time. You might find it incredibly motivating. I personally would love to read your diary (and there aren't many that I read).

Good luck, you seem to be making good progress.

Puzzcat

:T Well done summer, some good progress being made.. x

haycorns

Great work - little steps are easier than giant leaps. Moving the schools is a significant step that many ohers wouldn't contemplate , so well done for biting the bullet.
.

Different things work for different people at different times.

Well done and keep looking for opportunities that work for you and your family and you will get there. Somewhere there is a thread about things people thought they could never sell. might be worth a read - not to make you seel the caravan , but to show you that circumstances change and things that wouldn't work for you now may work for you later.

Keep at it - onwards and upwards!

Scritti

Wow! This is a shocking thread. Not because of the title (of course not!) or because the OP chooses not to sell her caravan or her child's Xbox.

What's shocking is how unbelievably rude some of the posts have been. As a huge fan of MSE and the mostly great people who post on these forums, I've felt almost ashamed at the way summer33 has been treated.

I don't want to bang on about it as it looks like we've now moved on but I just want to thank summer33 for sticking with MSE and not abandoning her thread when the insults got too much.

I do understand where people are coming from and I'm sure they are trying to help. But the words have sometimes been far too harsh.

The OP made it very clear that she wanted to try lots of various other things before resorting to selling her caravan. That's her choice whether any of us agree of not. It's all very well expressing your disagreement but some of the people here were acting like it's THEIR caravan and debt.

And suggesting that she sell her child's Xbox?? Er, what? Unless I've misundersood, they were christmas or birthday presents. You don't take back gifts, especially those given to children. It doesn't matter if they've got 10 Xbox's, one for each finger, they belong to her children and aren't hers to sell. Not that summer33 would ever do that anyway as her posts make clear.

We're talking about a couple of old Xbox's and a caravan, not 2 Playstation 4's and a new BMW.

Again, I get it that some people have been in her situation and are only trying to help. But they sound so blinkered in their advice (do as I suggest or you WILL go bankrupt!!). Let summer33 pick and choose which advice she follows - it's her caravan, her kids (tell ME how I should feed MY children?? - **** you!) and her life.

Sorry but after 10 pages peppered with occasionally downright aggressive posts, I could keep quiet no longer.

summer33, you've been extremely polite when people occaisionally crossed the line and I'm not surprised you eventually flipped (and then even got criticised for defending yourself?!!). Reading these posts and then re-reading it all again in one go has cemented my opinion that you've been nothing but open to advice and very polite in your replies all through this thread. You made it clear that you wanted to try some non-caravan/xbox-selling ways of getting straight before taking more desperate measures and a few people did not respect that and became very rude when you didn't just do what they wanted you to do. You sound sensible and mature enough to know that you may need to take those extreme measures at some point though and I do wish you the very best of luck and well done in the things that you have done so far in order to cut down your current spends. Oh and I also want to say that you sound like a fantastic mum who clearly loves her family very much!

Again, the very best of luck to you!!

in_need_of_direction

Ok. Not to reopen old wounds but, the caravan. Is there any possibility you could hire it out when you aren't using it? Also, the lunches. My two preferred cooked lunches in winter but come summer time were happy to take a packed lunch as it gave them more outdoor time. To me it might be one to keep under review as the weather improves.

Apart from that, keep doing what you're doing. You are making inroads.