Money needed helppppppp

roses_babe · 5 May 2010 at 10:36AM

ok i really need some advice i no everyone needs money but im really really struggling.

im moving into a new flat this sat as current landlord wants to sell my current flat. I need to pay 1.100 still i have that amount saved but i have no other money to live on for the month

im currently br and have no family so i cant get no loans or anything i have tried selling stuff but the money i got for that was used towards the rent and deposit

anyone got any advice please be nice

Mark_In_Hampshire · 5 May 2010 at 10:52AM

Oh dear... the landlord hasn't really helped, here has he/she.

Can you get the bank to extend or supply an overdraft?

I assume that within about 14 days of your moving out, you'll be getting your deposit back on the original place.

If it's that close to the wire and urgent you might find a pay day loan company will give you a small loan to tide you over, even with a poor credit history (I stress I'm not inferring you have one, only that you say you can't get loans), however you might well find yourself paying e.g. £50 interest on a one month loan of say £250. It is outrageous, and very much an option of last/no other resort.

Once you get your first deposit back that will help you get back in the black.

preable · 5 May 2010 at 10:54AM

Make sure you get your deposit back from your LL.

If you can afford it get a pay day loan i recoment Wonga or quickquid

roses_babe · 5 May 2010 at 10:58AM

thank you very much for your advice. i only went br 2 months ago am i allowed to apply for one now??

Mark_In_Hampshire · 5 May 2010 at 10:59AM

Yes, you can.

Mark_In_Hampshire · 5 May 2010 at 11:00AM

Sorry, I read br as 'broke' and not 'bankrupt'. But yes, you can indeed apply.

Lokolo · 5 May 2010 at 11:01AM

A payday loan for a 2 month old BR :eek:

Use the savings !!!!!!!

Work out what you can afford for the next month. Do a SOA.

preable · 5 May 2010 at 11:02AM

You can apply even if your bankrupt most dont do credit checks but require a copy of your bank statement

3Dogs · 5 May 2010 at 11:12AM

I have only one piece of advice:

I would trust the advice/opinion of someone with thousands of posts/thanks over ones with a very low number - they have bee there done that got many t-shirts and their views can generally be trusted - I kno that I have depended on their experience on my relatively short time posting.

You say you only went BR recently so you are not discharged yet, you don't want to get into a worse situation.

Which ever way you go, good luck

Inactive · 5 May 2010 at 11:15AM

preable wrote: »

Make sure you get your deposit back from your LL.

If you can afford it get a pay day loan i recoment Wonga or quickquid

At over 2000% APR.. :eek:

trynsave · 5 May 2010 at 5:50PM

Are you working or claiming benefits? Rhetorical question - it is none of my business - but people on certain benefits are eligible to apply for an emergency social fund budgeting loan "for help with rent in advance"

You can apply for a budgeting loan if you are getting Income Support, income-based Jobseeker’s Allowance (JSA), income-related Employment and Support Allowance (ESA) or Pension Credit on the day that you apply. In addition, you must have been on one of these benefits for at least 26 weeks. Breaks of 28 days or less in your claim will be ignored.

http://www.adviceguide.org.uk/index/your_money/benefits/help_for_people_on_a_low_income_-_the_social_fund.htm

Money needed helppppppp

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