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I'm on my last resort of a payday loan

13»

Comments

  • Kentish_Dave
    Kentish_Dave Posts: 842 Forumite
    Oh dear. You chose to blow everything that you earned, as it was fun, and are now in trouble only a very short time later. I know that it’s not rare nowadays but is no-one familiar any more with the parable of the grasshopper and the ant?
  • I would strongly urge you not to take out a payday loan.
    If you are struggling now without one things will only get worse if you take one out and can't afford it.
    As has been said in previous, and sorry to sound like a stick in the mud, but 30 to 40 a week on social, knock it on the head for a few months and save as much as you can.
    I would much rather be bored at home for a few months debt free than have the mounting worry of payday loans chasing after you.
    I have seen this situation before escalate into a massive headache with the space of weeks, take one out, can't afford to pay it back, take out another to pay that one off and the situation spirals faster than you think.
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