The moneyshop? Uk answers only!!?

i took a payday loan from the moneyshop at the beginning off the year - as i have just moved house (could not get a loan from the bank) - i paid it off when i got my salary, and had to repeat the cycle again - and i will have to repeat it next month.

I know that i had been stupid, but i am a single mum and the cost of Xmas and moving house left me with absolutely nothing at the beginning of January - and just to buy basics i had to do that.

I am now in a situation where i am %26quot;paying peter to pay paul%26quot; and its awful, when my salary comes in again the whole cycle restarts. This is the only thing that i can do to keep my credit good.

It is very stressful, is anyone else in the same situation, is there anything that i can do - i have taken on extra hours at work, i am really trying - but really it is not enough

Please anyone out there help!!!!!!!!!

The moneyshop? Uk answers only!!?

2 things to do

the obvious one - spend less - minimise supermarket spending etc.

Sign up for every cashback club you can and hammer the free offers. Here are some to get you started

http://www.internetcashback.co.uk/refer/... - they give 鎷?0 for joining

http://cashbin.co.uk/index.php?a=817424 - they give 鎷?.50 for joining

http://www.myshoppingrewards.com?r=89655... - I think they give you 鎷?.00 for joining

Let me know how it goes

The moneyshop? Uk answers only!!?

it sounds daft,but i would say dont pay it,the worst they can do is send a few laters then u go citezens advice,whith u being a single parent u may not have much money,they will set a payment plan up 4 u,a few pound a week

The moneyshop? Uk answers only!!?

I had a similar problem with Moneyshop. I wrote to them and explained my circumstances had changed and asked them to accept payments of xxx a month. It will take a year and a half to pay back. But they accepted this. No more robbing peter...

The moneyshop? Uk answers only!!?

Give them a call and explain the situation you are now in.

Make them an offer to pay so much per week / month and they will more than likely accept it as they are at least recouping their money.

Out of curiosity - are you claiming tax and working tax credits??? It may be worth while calling them if you think you are not.

Good luck