Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • MSE Karl
    • By MSE Karl 23rd Oct 18, 6:27 PM
    • 104Posts
    • 31Thanks
    MSE Karl
    Payday loans discussion area
    • #1
    • 23rd Oct 18, 6:27 PM
    Payday loans discussion area 23rd Oct 18 at 6:27 PM
    This thread is specifically to discuss the content of the Payday Loans guide:



    To discuss or ask a question about the article: click reply



Page 1
    • keepcalmandstayoutofdebt
    • By keepcalmandstayoutofdebt 23rd Oct 18, 7:49 PM
    • 3,412 Posts
    • 1,787 Thanks
    keepcalmandstayoutofdebt
    • #2
    • 23rd Oct 18, 7:49 PM
    • #2
    • 23rd Oct 18, 7:49 PM
    Cheers, about time it was updated.

    I have not had a payday loan or short term loan in 18 months. (my longest time away now) knowing I never had the job security.
    Though my bank certainly cannot wait to lend to me now, taking home a grand monthly, even with my recent £15,270 job becoming just over £17.5+ in no time. I have had 3 letters in the space of no time at all offering their credit card even when on the lowest of salary which is rather worrying really?. but I’m sure most financial company types are bringing in hard searches anyway under ‘affordability’ so guess no one can say with any certainty it’s guaranteed anymore.
    "If you are caught in a rainstorm, once you accept that you'll receive a soaking, the only thing left to do is enjoy the walk"
    • boo_star
    • By boo_star 23rd Oct 18, 8:40 PM
    • 1,650 Posts
    • 981 Thanks
    boo_star
    • #3
    • 23rd Oct 18, 8:40 PM
    • #3
    • 23rd Oct 18, 8:40 PM
    Cheers, about time it was updated.

    I have not had a payday loan or short term loan in 18 months. (my longest time away now) knowing I never had the job security.
    Though my bank certainly cannot wait to lend to me now, taking home a grand monthly, even with my recent £15,270 job becoming just over £17.5+ in no time. I have had 3 letters in the space of no time at all offering their credit card even when on the lowest of salary which is rather worrying really?. but I’m sure most financial company types are bringing in hard searches anyway under ‘affordability’ so guess no one can say with any certainty it’s guaranteed anymore.
    Originally posted by keepcalmandstayoutofdebt
    Being on a low income isn't necessarily going to prevent you from having a credit card, as long as you're sensible with it (only buying what you can afford to pay off in full) there shouldn't be any problems.

    And credit card companies do still make money from people who pay their balances in full every month, even if it's considerably less than those paying interest.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

86Posts Today

1,392Users online

Martin's Twitter