Author Topic: PAY DAY LOANS  (Read 876 times)

Saz

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PAY DAY LOANS
« on: Oct 17, 2011, 09:56:14 PM »
 hi there im 22 and from scotland and have stupidly taken out about 12 different payday loans on top of a credit card and an over draft ,always the same usual reasons for these , out of control  and reality goes out the window !  im now in about 5k worth of debt and my wage cant cover minimum payments on all these , ive contacted the money group but after having a chat with them im still not sure , can anyone advise me on them or their experience with them?
any feed back much appreciated !
saz

James Falla

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Re: PAY DAY LOANS
« Reply #1 on: Oct 20, 2011, 12:34:26 PM »
Hi Saz
 
Can you afford to repay anything to your creditors each month? If you can afford a sensible amount then the solution I would recommend you consider a debt arrangement scheme (DAS). Is this what the Money Group suggested?
Debt Expert & Author
beatmydebt.com