DP has used a "quick loan" company

[PooCoveredWilly]

Just found out that DP has used quickquid or something to borrow £50! hes been in trouble with debt before and he of all people should realise how shit these 1000000000% apr companies are!!! I know £50 isn't much but it's a stupid amount, he didn't even ask me, I would have lent him it! I'm more annoyed with him because he's making old mistakes again. He's already maxed out a vanquis 40% apr credit card AGAIN a year after being clear from bankrupcy

what did he spend the money on? what is a vanquish credit card? how come he can have a credit card if he was bankrupted a year ago?
I suspect YANBU

No idea what he's spending/spent the money on, he doesn't even realise I know yet. He would never have told me. The Vanquis is a high rate credit card, like Capital One but worse. They'll lend to anyone!

Well if were you, I' confront him about it. Maybe he has a gambling problem?

One million people used pay day loans in the UK last year - it is in today's papers. I think we all know what business we should move into - pay day loans.

tbh i think he needs to start paying back his debt, as it seems like someone is always getting him out of the debt.

I think YANBU probably - £50 now, what's next?

It sounds like he has some real problem and needs help.

What is he spending the money on? Maybe that is the real problem.

I would be disappointed and angry, rather than annoyed, considering his history.

Safeguard yours and dc's money as soon as possible. That's actually more important than finding out and being sympathetic about what your DP has been frittering away the family money on. So selfish.

Words cannot describe how much I HATE these payday / doorstep lenders with their 3000% APRs. Where I come from they are not even legal. They prey on the financially disenfranchised and fiscally vulnerable people of society, who are usually the ones who need protection from them the most.

Get thee to a Credit Union!! They are not-for-profits that lend on the basis of your ability to repay, at rates more like 19% APR. Like this one here

OP I hope you and your DP can sort this out because you have to be able to trust him with money matters otherwise you will go bonkers

Also what tallwivglasses said.

the idea behind vanquis officially is to help repair your credit rating....mostly they bleed people like your dp dry.

YANBU to be concerned. If it were me, I'd want to have a serious talk pretty quickly on the real state of his finances and get the full picture. If he's resorting to getting £50 from a payday lender and high interest credit cards he's almost certainly got bigger problems elsewhere that he's not owning up to. If you live together and he gets in over his head, you could find bailiffs knocking on the door or your house taken away.

If he's got debt problems I can recommend CAB, CCCS, National Debtline or other free debt advice services. It's soul-destroying when you live with a spendthrift.... they become secretive, dishonest and you can't trust them with anything. Hope you resolve the matter.

It's a good job he's your partner not your husband. I couldn't live with someone who I didn't trust with money. It sounds as though you have a lifetime of this sort of crap ahead of you if you stay with him. Maybe keep him as a boyfriend but keep your own house etc so he doesn't drag you down with him. If he doesn't discuss financial stuff with you it's not much of a partnership anyway.