please dont reply telling me to avoid them and to go to citizens advice. i know that your only trying to help but i am in a bad situation which i cant get out of and with xmas coming up its making things worse.
2006-12-12 02:55:40 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
Please do not go to a loan shark, coco. These people charge between 300 and 1000% interest and if you don't pay, they break your legs.
I understand there is pressure to buy at this time especially if you have children but it is better to resist this urge than to get yourself into a deeper hole that you can't get out of.
Can you speak to whoever is expecting presents off you adult-wise and explain that you would like to get them presents but you can't afford it this year? Or get them something really small and silly as a token present if you really must. I'm sure they would not want you to get deeper in debt just so that they can say, 'Look what I got from coco. Oh, yeah, and now he's got the bailiffs at the door because of it'.
With children, if you have any, if they are small, they wouldn't know if you spent £1 on them or a £1000. If they are older, could you explain the dire situation you are in and explain you will get them whatever it is when you are in a better position to do so.
It is horrible when you feel that someone is going to be disappointed and it is better to give than receive, however, if it means the difference between having a small, inexpensive present now and a bigger one later or you being knee-capped, I.m sure they will understand. You may also set a precedent for future years. As a whole, I think we all spend too much on unnecessary presents, pressurised into it by over-commercialisation.
And if you are in financial dire straits still, there's nothing wrong with going to the CAB to get some advice. It's better than buring your head in the sand or getting into a situation that you can never get out of.
2006-12-12 03:14:15 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I agree wholeheartedly with jacg.
Please do not get yourself into even more debt to keep other people happy. If they truly respect you, they will understand your situation and not expect too much or anything at all. Buy kids inexpensive toys they can play with - I just bought my niece a teaset for her birthday costing £3.99 from the early learning centre and she loves it more than any other toy she has.
An inexpensive gift which you can afford is better than an expensive gift you cannot afford.
If you really must give to adults, why not offer a service in the new year, such as helping them decorate, move house or whatever else would make a worthwhile difference to them.
2006-12-12 03:23:18 · answer #2 · answered by oranda lady 3 · 1⤊ 0⤋
Don't go loan sharks please you will be doing your self a favour .
good rule:: Never a lender or borrower be :)
its tuff but stick with it you will be thank full you didn't go loan shark or bank ..it Will all work out.
family and friends should understand. tuff if they don't. You got to look after you and family , food and love will suffice till you sorted all out . work out finances . maybe sort out old bits, books bric a brac anything you dont use any more do boot sale. Contact citizens advice they very good . Before you contact write down your incoming and your out going money , they will ask this , to work out how much left if any that you can work with to pay debts and advise you supply letters and what to do next .. good luck sweetie and dont worry to much x
try link below also
2006-12-13 23:45:42 · answer #3 · answered by once i 1 · 0⤊ 0⤋
Sort out your money problems, get debt crisis management.
Don't spend what you don't have. I'm a single mum so don't tell me I don't know how it feels.
Forget loan sharks, you can't make your payments now so how are you going to manage that?
2006-12-12 03:06:29 · answer #4 · answered by sarah c 7 · 0⤊ 0⤋
do you live in or near a gambling city? guaranteed you will find a loan shark. they thrive on gamblers.
2006-12-14 16:15:57 · answer #5 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
Maybe I can help you.Contact me on fna_for_free@yahoo.co.uk
Maybe even I can give you answer in 24h...
2006-12-12 22:05:35 · answer #6 · answered by Engelits 1 · 0⤊ 0⤋