Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Small loans? E.g €200

Options
  • 08-06-2014 11:16am
    #1
    killanena
    Registered Users Posts: 1,122 ✭✭✭


    I really need a small loan of €200 to cover rent this month. I have already asked family but things are hard on everyone at the moment. Is there any companies or banks that would do such a small loan? I know the credit union would but I am not a member of the local one just yet. I am not working but have a full time internship which is jobseekers rate + 50 euro.


Comments

  • Options
    #2
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    Is there no one else, close friends that can help or ask the land lord to defer the €200 untill next month (Its worth a shot).

    Take my advice and DO NOT take out a Pay Day loan, they have insane APR rates and you could end up on a slippery slope with them.


  • Options
    #3
    killanena
    Registered Users Posts: 1,122 ✭✭✭killanena


    Kenno90 wrote: »
    Is there no one else, close friends that can help or ask the land lord to defer the €200 untill next month (Its worth a shot).

    Take my advice and DO NOT take out a Pay Day loan, they have insane APR rates and you could end up on a slippery slope with them.

    I really have no one to turn too at the moment. I know how payday loans are, I got one before from Provident Personal Credit and even though nothing went wrong, I was paying interest for a few months after I had the amount borrowed paid. I borrowed €500, paying €15 a week for a total of 52 weeks worked out at €780

    I may have to return to them though.. or face my dick of a landlord with a chuck of my rent missing.. €200, pay back €10 a week for 26 weeks is €260.


  • Options
    #4
    Anyone
    Registered Users Posts: 3,376 ✭✭✭Anyone


    killanena wrote: »
    I really have no one to turn too at the moment. I know how payday loans are, I got one before from Provident Personal Credit and even though nothing went wrong, I was paying interest for a few months after I had the amount borrowed paid. I borrowed €500, paying €15 a week for a total of 52 weeks worked out at €780

    I may have to return to them though.. or face my dick of a landlord with a chuck of my rent missing.. €200, pay back €10 a week for 26 weeks is €260.


    Nice profit on their money there, those two loans from a Credit Union would cost the following:

    €200 @ €10 p/w=Total paid back is €204.06.
    €500 @ €15 p/w=Total paid back is €517.01.

    Whatever you do to solve your current problem, when its done, go down and open a Credit Union account.


  • Options
    #5
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    Completely agree, Once this is sorted out.

    Go down to the credit union and open an account.

    I feel for you dude :( , Money is tight for every one these days

    The upside to all this is that it is only '€200' not the €500 you've needed before.


  • Options
    #6
    killanena
    Registered Users Posts: 1,122 ✭✭✭killanena


    Thanks guys for the replies. I know I really have to sort out a credit union account. And will do once this issue is addressed.
    I applied for the €200 just there and hopefully I'll get a call before the end of the week.


  • Advertisement
Advertisement