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got six payday loans

payday uk 250

minicredit 400

speed credit 500

speedy loans 375

lending stream 800

quid.co 300


obviously my own downfall and now cant no way ever make the repayments so I've gone with a fee paying debt management company (i know they take their cut) and paying just £200 pounds a month (this has been agreed)

it will be interesting to see how much interest minicredit and speed credit "add" before the debt plan starts up, i know i could have done it myself but do not have the time or patience to wait it out and i know hardly anything will be paid off the debt, or very little anyways but this is the path i chose in going with a debt management company and anyway hopefully in about 4 months i should have enough to pay it all off

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I can understand people not wanting to deal with it themselves, but why pay a DMC when someone will do it for free.


If you pay them £30 a month for 5 years thats £1800 that could have gone towards your debts.


To anyone else reading this thread think of going debt management use CCCS or Payplan. NO FEES more money off your debts.

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