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    Would appreciate any ideas for obtaining cash over a short term period. I will have a little money in mid September and plenty of money in October, but am a little bit skint in the mean time. Have spent a couple of months using £100 loans from dubious payday loanshark companies, but really trying to get out of that cycle. Sooner or later the interest rates will become unsustainable. The only way I can do so within my current income is to live off pasta and lentils for a month! I do have a credit card, albeit it a high interest rate, but I'm still on the introductory credit limit of £100 until my fourth statement, by which time money won't be a problem anyway.

    It's basically a cashflow situation, rather than genuine poverty. I'm a fairly well-off student once term starts, but not so much in the holidays and have so far not managed to get a job this summer.
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    I would stongly avoid those payday companies, the interest rates are unreal sometimes you can be paying back £120 for borrowing £100 only for a month!

    Can you borrow the money from friends or family? Do you have an overdraft?
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    I know, the interest rates are absurd, but it's only for a couple of months. Overdraft is maxed out and I already owe my mum quite a lot. Half the problem is that I'm trying to repay her the vigorous debt she demands! Which is basically £200 a month, plus she's adding to my debt at £5 per day I live at home. I'm not saying it's unreasonable for her to expect a contribution towards living costs, but I'm currently unemployed and I payed her back 1/3 of my income last summer! Giving me a break would be nice... In terms of friends, one of them owes ME money. The problem is that I'm normally the comparitively well off one that they all come to for loans, so getting people to take me seriously when I ask THEM for money is difficult. There are options with friends if it comes to it, but I'd like to hear any other suggestions first.
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    Um, anything worth selling that you dont need? Sort through all your stuff... see if theres things you dont really need. Sorry i really dont know
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    (Original post by wtfhaffyduck)
    Um, anything worth selling that you dont need? Sort through all your stuff... see if theres things you dont really need. Sorry i really dont know
    hmm... I do have an unworn pair of River Island shoes I could probably flog. :ahee:
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    (Original post by Dionysus)
    I know, the interest rates are absurd, but it's only for a couple of months. Overdraft is maxed out and I already owe my mum quite a lot. Half the problem is that I'm trying to repay her the vigorous debt she demands! Which is basically £200 a month, plus she's adding to my debt at £5 per day I live at home. I'm not saying it's unreasonable for her to expect a contribution towards living costs, but I'm currently unemployed and I payed her back 1/3 of my income last summer! Giving me a break would be nice... In terms of friends, one of them owes ME money. The problem is that I'm normally the comparitively well off one that they all come to for loans, so getting people to take me seriously when I ask THEM for money is difficult. There are options with friends if it comes to it, but I'd like to hear any other suggestions first.
    Ebay my man, Ebay. Everyone has old clothes, I have a whole wardrobe of fairly decent, but outdated and old clothes, stick em up for a £1 each and I could make my self a few hundred.

    How much are you actually looking to make though? If you have a good phone, not on contract, go on a cheap contract, say £15 a month and send your phone into Envirophone for £100, only if it's top dollar. (My N95 is worth £100 on it, I could sell it for £160ish on Amazon, might be worth looking into.

    Got a games console? Trade in your old games, ask for cash rather then credit note, or sell it to some randomer, sell a £90 credit note for £80 cash, you gain the cash, they gain a tenner, nothings free these days.

    Live off Pasta, my gosh, I'm Italian and I eat it 3 times a week minimum, so much freedom with it.

    Failing that, clinical trials? That is totally up to you if you fancy the money that badly, probably not worth it in your case.

    I'll think of other things and post them here if I can, stumped at the moment!!

    Oh one thing, say you have a phone and a Ipod, both good, sell them both, Nokia 5800 on contract, £15, that will do the job of your phone and your iPod/MP3!

    Old computer could go to cashconverters? Or pretty much anything, say you have an old DVD player, get that converted, DVD's are not a necessity.

    Of course a lot of what I wrote might not be possible for you, but just thought I would throw some ideas about after looking round my room!

    Good luck and sorry for talking so much **** and rambling.
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    sperm donation. :cool:
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    (Original post by Yekim_8)
    sperm donation. :cool:
    Do they pay you for that? I heard they were thinking of paying, but I'd have no problem doing that for money.
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    how much is your overdraft? curious as you said its 'maxed out'. Gee if someone had an answer how to get money short-term it would end world poverty

    i think the best advice is to manage your money better in future to avoid these situations
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    (Original post by Dionysus)
    Do they pay you for that? I heard they were thinking of paying, but I'd have no problem doing that for money.
    I'm basing it on the episode of the peep show I seen where he was going to be paid. Not sure if it actually happens though.
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    (Original post by Dionysus)
    Do they pay you for that? I heard they were thinking of paying, but I'd have no problem doing that for money.
    Nah they wont pay you in the UK, you could, take out a loan, fly to America, donate enough sperm for moolah to pay for your flights, and then cover your debts, might take a while though.
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    Saw on the news that sperm banks pay 'travel expenses' of up to £250. If its a £3 bus ride away there's a cheeky profit to be made. Worth a look.
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    I have just signed up for sperm donation. Apparently they'll give me £20 for 8 donations. I suppose it's better than nothing! Signed up to be contacted about medical trials as well. Human guinea pig stylee.
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    (Original post by sean kefw)
    how much is your overdraft? curious as you said its 'maxed out'. Gee if someone had an answer how to get money short-term it would end world poverty

    i think the best advice is to manage your money better in future to avoid these situations
    £1400, going up to £1600 in a month. I don't know any students (other than the super rich) who aren't more or less maxed out on their overdrafts.
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    Cancel your TSR subscription for a month or two - that should save you a couple of quid
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    (Original post by jabed786)
    Cancel your TSR subscription for a month or two - that should save you a couple of quid
    I just buy it as and when. I wouldn't spend money on renewing it until I have better finances, though, no. I've already cancelled subscriptions for DVD rentals and magazines.
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    What year of university are you in? Im only 50pound into my overdraft no idea what people spend so much money on
    I think loans are not a gd idea if you have no money, There is always jobs like giving out leaflets going i always get emails about them, not my thing though. Look on gumtree for a job they have all sorts of jobs got my nanny job from there.
    good luck!
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    Let's start a fund (me and you, OP) on TSR and instead of becoming subs, people could donate £5 and just feel .. a sense of pride and unselfishness. What do you say? :moon:
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    (Original post by seleneybob)
    What year of university are you in? Im only 50pound into my overdraft no idea what people spend so much money on
    I think loans are not a gd idea if you have no money, There is always jobs like giving out leaflets going i always get emails about them, not my thing though. Look on gumtree for a job they have all sorts of jobs got my nanny job from there.
    good luck!
    ditto to the first line. I have no idea what people spend their money on to be SO out of pocket. Yes we all go out, have food to buy and rent to pay, but seriously...how can people be so short?

    Though it does make me smile when i've heard some people moan all year about having no money to eat for two days, then in the summer pull a 5 week trip to thailand out of the bag!
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    Though it does make me smile when i've heard some people moan all year about having no money to eat for two days, then in the summer pull a 5 week trip to thailand out of the bag![/QUOTE]

    Iv been away 3 times this year, a week in ireland and a long weekend in blackpool and in london , money is a little tight now because of the summer but i have no loans or credit cards i have enough to last me untill i go back to university. I have no idea how people get themselfs in the situation where they have no money! You must see your money is getting low and think i better start being carful so it last's me. :s
 
 
 
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