Fountainhead
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I have 5 payday loan lenders and I am defaulting on them this month because I just can't afford to pay them back! I have made a website about it here if you want a look Payday Loan Trap The payments were due to come out yesterday so I had a few phonecalls on my mobile which of course I didn't pick up and a few emails. I am going to work out how much I can afford to pay them back each month and email them all on Monday. Just a question though - I owe various amounts to all the companies - should I pay them all the same amount or should I pay the ones I owe more to more?
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The Payday Loan Trap!!!
Fountainhead replied to Supernick's topic in PayDay loans and Short Term loans - General
Hi Just so you know I am in a similar situation. I am selling a few things on ebay but I don't know what else to do, especially with Christmas coming up. I found this site "Payday Loan Trap" which has some good tips on. Also try CCCS - Free Debt Advice from the UK's Leading Debt Charity they might be able to help you. Good luck and let me know if you get out of this!
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