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Payday loans online

iwanttoberich
iwanttoberich Posts: 263 Forumite
in Loans
Has anyone ever taken a payday loan from one of those online companies that promise money in your account the same day?

Comments

  • littlegoldfishie
    littlegoldfishie Posts: 78 Forumite
    Not personally, I believe they charge mega money for the priviledge....
  • k1mmie
    k1mmie Posts: 833 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    yes my hubby has. They are very expensive but are a lifeline in the case of an emergency. Just be caeful.
  • fay66
    fay66 Posts: 749 Forumite
    Part of the Furniture 500 Posts Photogenic
    yes I did, it is about £30 on top for each £100 if you fail to pay it on the specified pay day it is £60 to pay back
    Debt 38k just about to embark on a DRO
    Had biatric surgery was 135k 2016 now 97kilo 22.1.20 up to 106 kilo 12.1.21 98kilo 20/1/26
  • iwanttoberich
    iwanttoberich Posts: 263 Forumite
    k1mmie wrote: »
    yes my hubby has. They are very expensive but are a lifeline in the case of an emergency. Just be caeful.

    Can you tell me which one he used?

    Thanks.
  • k1mmie
    k1mmie Posts: 833 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    i think they are called loans till payday. Will ask him later and confirm.
  • Dylanwing
    Dylanwing Posts: 2,015 Forumite
    If you have a Money Shop nearby, they 'only' charge £13 per £100 on cheque cashing, holding the cheque for up to 1 Month. You just need to take heaps of ID, proof of employment and address to set up an account with them. Just checked their site and they do debit card advances as well. Not as convenient as doing it from your computer though. Cash Converters also to cash til payday, no idea of the fee though.

    Payday loans listed on Moneysupermarket all chage £25 for a Month per £100.
This discussion has been closed.
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