Hi guys, been battling my payday loans and im down to my final loan which is with QuickQuid. I took out £450 and the total repayable is £583. I opted for the two part loan where i pay the interest of £133 on the 1/11/12 (TOMORROW) and then the full £583 on the 29/11/12 This then somehow changed for the second instalment to the 15/11/12 which is only 2 weeks! Which wont be my payday! Is there a way i can avoid paying the £133 tomorrow as it seems like i'm literally throwing this money away! What will happen if i default this payment tomorrow. I could possibly pay them the £533 in one instead tomorrow but cant really afford to.. I will then have nothing left and wont have travel money,rent etc Whats the best way to go about paying only the £583. If i default tommorow and ask for a repayment plan? Thanks

Ok, what's the best way to ask for a 3 month split. And I've heard sometimes they don't allow. Thanks

I have a loan on default with Cash genie at £104. And Quickquid at £582.75. On the QQ one i had opted to pay £132 on the 1st then £582.75 on the 29th (my next payday) This then changed to the 15th!? Which obviously doesn't help at all! I will pay CG in full on 1/11/12 but how can i arranmge a payment plan with QQ? Paying only the £582.75 I could pay them half and half but the full amount is too much as i have other bills too! Thanks

So do you reckon with the renewal I'll have the 2 years no claims.

July last year I was about to pull out of a junction and a caress coming down with hi indicators on. I made the mistake of pulling out and hit his passenger front side. The rest of his car was already battered. He was a young guy and seemed really Lao back about it. We swapped details and the next day I called my insurance just telling them what had happened. And he called me for my details after asking wether You wanted to buy the car instead as he wa going away. Anyway I never heard anything from my insurance or him. So did he claim? Should I have heard something?* Am I going to get a letter of renewal with 2 years no claims or have I lost the lot and going to pay a stupidly high premium for a 1.4? I'm 20. 21 in November.* What do you reckon?*

UPDATE SPEED CREDIT - PAID PAYDAY LOANS REMAINING PAYDAY UK - £412 (GOING TO EMAIL ABOUT A PAYMENT PLAN) QUICKQUID - £518 (NOW ON A PAYMENT PLAN OVER 3 MONTHS WHICH I CAN AFFORD) I now owe my stepdad £££££££££££££!! Still gonna be skint but at least i can get these sharks of my back! Main thing next i want to change my account, never know who's gonna have a go at taking money out! Been transferring money straight to savings account where it can't be touched!

How do i go at getting a new account number? And thats what my parents think, that all this me defaulting e.t.c goes against the house and could stop them from getting credit, mortgage etc Also next pay day i will be clearing off speed credit in full and possibly payday uk. The problem is not just the loans my stepdad is adding all this money that i haven't paid him for rent up that i now owe him. So I'm gonna be skint for months!!!

UPDATE Stepdad and mum are really annoyed now with me saying i got to get a second job and me not paying the companies is going to black list the house and effect there credit etc! Stressful time at home at the moment!

My stepdad knows now so won't have to hide it all now. This will help me to get on top of it all. I will put up the payment plan quick quid sent. If I get a new bank card will it stop them having access when they want.

Also i did have two other loans and they cleared out my entire wage this month! Very disheartening all of this but only me to blame...

Hi guys i told my mum and she will be telling my stepdad later that he won't be getting any money this month at all and my situation! I agree with what someone said above. I worry sick about friend debts and family and i think thats why i kept borrowing almost to cover it up and hope that eventually i would be able to solve it all with out anyone being the wiser! I replied to quickquidse email about me defaulting saying. Hello I have really been struggling recently juggling my finances and cannot afford anything this month. I am more than willing to settle this debt once and for all and if theres a way to arrange a payment plan over the course of a short time that would be very beneficial. For too long i have been deferring the loan and repaying nothing. My next pay day is the 17/05/12. I hope there is something you can do for me. As you can see by relying asap I'm prepared to sort this out with the company. In addition i would like to let you know that i will only be communicating through email so i have it all on my records. Thankyou

20 years old living with parents. Been in this trap for ages and was being stupid with these loans. Kept it quiet from my parents but it had become too much and could not keep up with paying what i owe them so had to tell them i couldn't afford to pay them because i have had payday loans! They went crazy especially as i'd borrowed of them too!!!! I could not keep living the lie though and had to tell them. So now hopefully i can get this sorted once and for all. FIGURES INCOME- £860 P/M PAYDAY LOANS SPEED CREDIT- £130 DEFAULTED TODAY QUICKQUID- £ 518 DEFAULTED THURSDAY PDUK- £412 DUE 17TH MAY PAY OFF MY CAR THAT I BOUGHT TO STEPDAD AND RENT - £400 PER MONTH ( COULDNT PAY ANY THIS MONTH DUE TO PAYING OFF TO PAYDAY LOANS! EMPTYING MY ACCOUNT) PHONEBILL MONTHLY - £40 FUEL MONEY OWE £75 TO A FRIEND NEXT MONTH NEED MONEY FOR UPCOMING INSURANCE LATER THIS YEAR I am going to try and get another job. Cant wait for the day when i get on top of it all! What should i do about the defaults?

Ok so I admit I left it all and today got paid. . My account has been emptied pretty much. I still have other payments to make... Cash genie and quickquid have been declined an haven't received anything. I'm guessing I will now be threatened by them. I will send emails to both of them today and explain they couldn't be paid and for next month starting I'd like a repayment plan? On the plus side payday express is done and dusted. But during the month I made the mistake of getting a small speed credit loan of £100 as my car broke down. I tried to avoid it. So update Payday Express- £258 PAID Speed Credit-£125 Cash Genie- £280 - DEFAULT QQ-£518 - DEFAULT PDUK-£ 418- PAID The problem is I'm going to have to borrow again to pay of other more important debts. And what will happen as I've defaulted on the two.

Ok thanks. I have until the 19th of April until all 4 loans are due. I will send them emails next week. I could afford to pay slightly higher amounts than for example £10 a month so hopefully offering higher payments they wiil accept a plan. What does OFT stand for and mean?

Hi thanks for the advice. Are there any templates or rough guidance of how to structure the email scheduling a repayment plan. This would be very useful for me. And out of the companies I'm with which are the most stubborn in offering negotiable plans. I could afford to pay either Payday express or cash genie in full next month as they are in the 2 hundred range. Payday UK and Quick quid are my biggest worries because of the high amounts. Thanks