📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

I need £500 ASAP for one week. Best option?

Options
wapow
wapow Posts: 939 Forumite
Hello All

I need £500 ASAP in my account, until next Friday.
I am able to pay off more as i get paid so that's not an issue, i just need the money now in my account.

I am out of ALL options.

I am looking at payday loans and wondering which to go for. They all say repayment in 3 months. I cant seem to find like, a week lender,

Anyone know of any they used that don't spam the crap out of me?
«1

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If you're being offered three months to repay, why wouldn't you just repay after a week?
  • wapow
    wapow Posts: 939 Forumite
    If you're being offered three months to repay, why wouldn't you just repay after a week?

    You mean take the three months and just pay it all off? I will see if that can be done!
  • NCC-1701
    NCC-1701 Posts: 530 Forumite
    500 Posts Third Anniversary
    Take it out of an isa? Do you have one?
  • wapow
    wapow Posts: 939 Forumite
    NCC-1701 wrote: »
    Take it out of an isa? Do you have one?

    I have S&S ISA but it takes 3-5 days for the money to hit my account i can top slice off some but i cant wait.
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    NCC-1701 wrote: »
    Take it out of an isa? Do you have one?

    Well spotted!
  • Do you live near any docks? There’s normally good money to be made doing favours for sailors I hear. I imagine that means sewing buttons back onto uniforms, that sort of thing. Cash in hand, I understand.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 19 June 2019 at 11:49PM
    It was a few weeks back and circs were very different, but after being turned down by a short term lender that I'd only ever gone to, I ran a soft search with Satsuma as weekly repayment and also Little loans (though I changed my mind and didn't proceed so don't know if soft search was just a hook, no idea on required checks)
    ** little loans maybe a broker from what I recall

    My take is you can usually pay back more than what you are mandated to at any time as I've done many a time since 2014 with the interest coming down.
  • Sncjw
    Sncjw Posts: 3,562 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    What do you need the money for?
    Mortgage free wannabe 

    Actual mortgage stating amount £75,150

    Overpayment paused to pay off cc 

    Starting balance £66,565.45

    Current balance £58,108

    Cc around 8k. 

  • guesswho2000
    guesswho2000 Posts: 1,703 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Uniform Washer
    Credit card cash advance is probably the easiest, and will almost certainly be cheaper than a payday loan.
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,062 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Not a payday loan. Why do you have a stocks and shares isa but no emergency fund? Credit card advance,overdraft?
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    The 365 Day 1p Challenge 2025 #1 £667.95/£301.35
    Save £12k in 2025 #1 £12000/£8000
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.