Please could you advise

I borrowed an original amount of £225.00 from 1st stop home loans back in june 2013.

I had problems and

added them to step change and was paying them at £5.00 a month.

They have been calling and emailing and threatening me until I gave in yesterday and agreed to pay them a further £350.00 instead of £486.38.

I have already paid them £76.00.

They are really horrible and nasty.

I called stepchange this morning in tears and they have given me a CPA letter for my bank,

I have sorted everything with my bank and no payments will be taken tomorrow .

However, I want them paid off as they are really scary.

They keep threatening court etc ( for £225)??

I CCA’d them a few weeks ago and have uploaded the agreement and

my account with details removed.

The original amount was £225.00,

Charges are £12.00 for arrears and

then £20.00 to go to litigation as it says in the agreement.

There is a lso a daily charge of £2.90 a day for 60 days.

However, I am led to believe that we pay back original loan plus one month interest plus charges

so I make that £225 (loan) + 78.75 (original interest ) + £12 (default fee) + £20.00 ( litigation)

and not the £2.90 a day x 60 days

Total amount to pay back £335.75.

I have already paid £76

I make that I owe them £259.75.

Am I right.

I have put a CPA in to stop the £350 and

I will pay them via bank transfer the £259.75.

Will they leave me alone or take me to court after.

I am so worried as he is really horrible on the phone and

im scared he’ll come to my house

Please help,

i really am trying to sort my debts

here is the paperworkplease help

Can you remove the attachment, it still has your account number on.

Cheers DX

attachment unapproved for safety of pers info.

you can reclaim those PENALTY charge

and the litigation fee

if they have NOT issued a court claimform.

OK, completely forget any notion or idea of these turning up unannounced on your doorstep demanding money.

This is 2014 not 1914, the days of thugs with baseball bats turning up to 'encourage' you to pay their loan are long gone.

Secondly STOP talking to them over the phone, I 100% guarantee that the phone jockey would never commit in writing what they have threatened you over the phone with.

You can totally ignore everything they have said over the phone, this will be complete lies and idle threats purely designed to intimidate you into paying money you can't afford and likely don't owe.

The fees they have added are most likely unlawful and can't be added, although you have the paperwork with the T&C's? In the small print of the T&C's check and see what it says about adding these fees and charges, most likely they are unenforceable and unfair terms to the consumer and can be argued against.

NO phone calls, if they ring laugh and hang up, DO NOT discuss anything with them over the phone, if this is with CCCS then you need to tell them that this clown outfit is harassing you.

Keep a diary of events also, log all phone calls they try and make with a view of reporting them to the police for the criminal offence of harassment.

Keep ALL correspondence including their envelopes.

Being in debt is NOT a criminal offence, these clowns are deliberately trying to exploit your lack of knowledge and intimidating you into making payments you can't afford.

Keep EVERYTHING in writing, if you send them anything keep a copy of it, and send them 2nd class post with ''proof of posting'' which is free from the PO counter.

Thanks,

so don't pay them 259.75 tomorrow.

As I want rid and sold my bike is can afford to get rid them.

How much do I pay.

Loan of 225 plus 1 month interest of 78.75. Total 303.75 minus the 76 quid paid.?? 227.85

I can send by bank transfer tomorrow.

Also, may checked my records.

Not on bank credit but it's on equifax.

On equifax or had nothing about any payments or defaults,

it's just blank apart from their name and an amount of 568 pounds.

I will do as you say.

I'm trying to clear my pay day loans.

Is it original amount plus one month interest as a general rule.

I can't see a court doing a judgement if I've paid the original amount plus interest.

Can you??

Thanks, feel much better now

Sorry about thatre posted pdf file of t&C's etc

Thanks, so don't pay them 259.75 tomorrow. As I want rid and sold my bike is can afford to get rid them.

How much do I pay. Loan of 225 plus 1 month interest of 78.75. Total 303.75 minus the 76 quid paid.?? 227.85 I can send by bank transfer tomorrow. Also, may checked my records. Not on bank credit but it's on equifax. On equifax or had nothing about any payments or defaults, it's just blank apart from their name and an amount of 568 pounds.

I will do as you say. I'm trying to clear my pay day loans. Is it original amount plus one month interest as a general rule. I can't see a court doing a judgement if I've paid the original amount plus interest. Can you??

Thanks, feel much better now

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dx

the statement you've posted shows £455.38 as the loan amount but the "contract" says £255 so they added £200 in the first month? then added their penalty charges and the very dubious litigation fee?.

Can't help thinking they think they've got a mug, personally I wouldn't pay them a penny more until they learn how to add up.

Another thought,

In their t&c's it states £12 for not paying on time and £20 to refer it to their litigation team after 60 days.l

but they applied the £20 after 2 days then added a £75 litigation fee 2 weeks later which is not mentioned in their made up rules.

It would seem that they have broken their own t&c's

it's just blank apart from their name and an amount of 568 pounds.

so they've added another £82 to your account? (statement says £486 arrears) again, against their t&c's

Don't think this is ever going near a court, and again I wouldn't pay them a penny unless you want to offer them the original 255 if they remove that inaccurate marker on your credit file

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dx

Oh, i am uselessjust saw my name on second page etcsorry

i will pay them original loan of £225 minus the £76 paid. £149 total. I have emailed them and told them. I cant see any court in the land touching it if the amount has been paid back. they are bulliesI am going to pay off my other loans at original amount only now. Especially after Wonga yesterday. Is that the right thing to do. I want clear of these small debts and my big ones too!!!

i will pay them original loan of £225 minus the £76 paid. £149 total. I have emailed them and told them. I cant see any court in the land touching it if the amount has been paid back. they are bulliesI am going to pay off my other loans at original amount only now. Especially after Wonga yesterday. Is that the right thing to do. I want clear of these small debts and my big ones too!!!

Just reading through this from start to date, it seems that if legal action was a viable prospect it would have been started long ago.

Just got this email This is a formal notice informing you we are at the last stage before we seek to obtain Judgement against you.

You have not made any offer to pay by instalments. If you do not pay by instalments or lodge a defence we will notify the court within the next 7 days that the debt is still owing and as a result a Judgement in default (CCJ) will be requested.

County Court Judgment - what does this mean? (CCJs) are legal decisions handed down by county courts, a CCJ will have a very negative impact on your credit rating and will make it near impossible for you to gain any form of regular credit or finance for a whole 6 years from when registered.

Reasonable and Affordable Repayments are available to you if you contact us to resolve .

To avoid this intended course of action please contact us immediately on

And now they've just sent this Thank you for your recent email.

You signed the loan agreement which stated the charges on, as you are not making the agreed £350 settlement, we will continue with our Litigation Process.

We have sent via post and email our intended notification of court action, no settlement is now on offer. You do not have to call the office nor will we call you now as you will receive the court paper work.

We did try to avoid this by agreeing to a £350 settlement as this arrangement is going to be broken we have had no choice and have to continue

Just got this email This is a formal notice informing you we are at the last stage before we seek to obtain Judgement against you.

 

You have not made any offer to pay by instalments. If you do not pay by instalments or lodge a defence we will notify the court within the next 7 days that the debt is still owing and as a result a Judgement in default (CCJ) will be requested.

 

 

 

County Court Judgment - what does this mean? (CCJs) are legal decisions handed down by county courts, a CCJ will have a very negative impact on your credit rating and will make it near impossible for you to gain any form of regular credit or finance for a whole 6 years from when registered.

 

 

 

Reasonable and Affordable Repayments are available to you if you contact us to resolve .

 

 

 

To avoid this intended course of action please contact us immediately on

Has a claim actually been started?

If not this is a misleading letter, they cannot just apply to court for a judgement.

There is a set process for court action.

I've just sent this I am sending £229.75 by bank transfer which is the original loan amount plus one month interest at 78.75.

I have paid you £76 already,

I consider this matter closed and do not acknowledge any further debt to you.

No, no claim started yet. Can they still take me to court. They're still scaring me and now I've paid them

I've just sent this I am sending £229.75 by bank transfer which is the original loan amount plus one month interest at 78.75.

I have paid you £76 already,

I consider this matter closed and do not acknowledge any further debt to you.

Follow that up in writing and use signed for post for your own protection!

Hi, just got the letter today that was written and emailed to me on Friday after I paid the 229. Which is the loan amount plus 1 month interest minus the amounts already paid.

Surely if I have paid back add above then there is nothing to go to court for. what are they playing at?

frighteners

ignore

dx

Thanks