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I need a very short term loan

bigg · 2025-08-21 14:19:55

Hi I need a £1500 very short term loan to cover some DDs going through on Saturday. £900 is going in tomorrow and £400 on Monday, which is too late. I have several items for sale on eBay, amounting to £2000-£3000. A £1500 item has almost sold. I hope to pay down the loan next week. I have no credit cards and nearly at…

Comments

sourcrates Posts: 31,693 Ambassador

21 August at 6:22PM edited 21 August at 6:24PM

Typically if a DD fails, the originator attempts to re-take the payment within 7 working days.

It’s not a big deal if these payments aren’t made on time, you appear to be putting yourself under these restrictive timeframes and thinking you have to borrow money for no good reason whatsoever.

You don’t need a loan here, and banks no longer charge for failure of a DD, the creditors might, but that’s better than a loan at a silly percentage rate.

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