DPBear
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Hello Spiral123, thanks for the reply. The original loan was £400, I dont have a problem paying back what i owe and a months interest but dont have this to give them in one lump sum. I transferred them a payment of £100 last week they are now saying they need proof of payment and my bank details and sort code to prove it. I am not prepared to give them this as it was from a second account i have opened and i know they will clear it out of my rent and bills money that is currently in there. I have asked again today for a repayment plan and they have refused point blank despite me quoting the OFT guidance so i really dont know what to do anymore.
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Hello I am new to this and hope someone can help me. I have recently defaulted on my CFO loan and have requested a repayment plan of £100 per month. They have refused to accept this. I cancelled my debit card but have been advised today by the bank that they have tried 7 times to deduct funds. Thankfully there is no money in the account for them to take, but the bank have said they cannot block the transaction as i owe them the funds. I am transferring them £100 per month anyway even though they refuse to accept it but the interest is ridiculous and i just feel i am never going to clear this debt. Any advise is greatfully received. I have now emailed them 5 times and they just continue to refuse or just ignore me. Any help or advice appreciated.
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