Looking for advice, please help!

[TheBooksss]

Hi,

 

I have been going through some financial difficulties and

I've finally set up repayment plans which I can afford,

I'm working lots at work and I'm focused on nailing my debt down.

 

Unfortunately I fell behind on things this month due to illness and thus lower wages,

 

I have a few direct debits coming out between now and my payday (less than 2 weeks away) which total £190,

if I don't manage to pay them then by payday it'll total £300+ due to fees.

 

My credit must be awful as I am in default repayment plans with a few payday loans.

 

Just looking for advise on what I should do,

 

I don't have anybody to borrow from and I don't think any lenders would take me.

 

Phoning up and asking for extensions isn't something that's realistically going to happen,

not to mention that my bank will still take £60 regardless which will incur £70 of OD fees in the first week.

 

Any input appreciated,

 

I need help with this situation specifically,

overall my finances are looking up

- I have £300/month to live on after all credit/rent is paid,

I just don't fancy having £100+ less this month as it's been stressful enough already!

[renegadeimp]

Post as much info about your debts as possible. Pdls are easy to deal with. Theyre just frustrating.

[TheBooksss]

Post as much info about your debts as possible. Pdls are easy to deal with. Theyre just frustrating.

 

Income £1300/mo

 

Outgoing;

 

Outstanding

Feb-March £190

|March £640|

April £516|

May £516 |

June £476 | ....

( Decreases monthly) ....

| December £323 |

January DEBT FREE.

 

~80% of my Debt (in value, not quantity of creditors)

is in interest-free repayment plans

(Interest free repayment plan is such an oxymoron for me

- there's a lot of interest already on there..)

to PDL's

 

The other 20% is for store cards/loans for electronics

- I obviously plan to get these paid back as soon as possible to avoid extra interest.

 

I apologise for seeming like I'm not being open with my finances,

but I have spent a VERY long time getting all my payments lined up

and I am happy with how my repayments stand

(of course, this month is a hickup - I have only just gotten myself in to these plans

and had a few payments I forgot I had to pay)

[AndyOrch]

Hi I have relocated your thread to a better suited forum were you will get far more effective advice.

 

Regards

 

Andy

[Bazooka Boo]

Who are you paying?

When did you take the agreements out?

 

Have you reclaimed all late payment fees charges back?

[TheBooksss]

Who are you paying?

When did you take the agreements out?

 

Have you reclaimed all late payment fees charges back?

 

I haven't claimed any late payment fees back, are you talking about my PDL repayments or my non-PDL direct debits? Or the bank? Any info appreciated.

[renegadeimp]

It very much sounds like your creditors have given you a number to pay, you have never questioned or checked it out, and just blindly paid them at a detriment to yourself.

[Bazooka Boo]

I'm talking about whoever your creditors are?

Who are???

 

Any fees/charges they have added to the accounts, depending on what they are, should be reclaimed.

Please list your debts.

[TheBooksss]

It very much sounds like your creditors have given you a number to pay, you have never questioned or checked it out, and just blindly paid them at a detriment to yourself.

 

My repayment plans were set up the day the loans were due, I set up 0% interest payments I could afford with no additional fees aside from the ones I agreed with. I have paid up to 60 days interest on some of these though. No late fees.

[renegadeimp]

Why are you avoiding BB's questions? YOu have given almost no info about your debts so it is very hard to advise a next course of action for you.