hello this is the first time i have used this website, i to owe money to MINICREDIT they have sent me a letter saying they are sending doorstep collectors i am worried sick have tried contacting them asking for repayment plan to which am told they dont accept can anyone give me advice on how to deal with them?

i have explanied to them a repayment plan was the only way i can afford to pay back what i now owe them they are not interested what can i do i am so worried as my partner knows nothing of this debt

Dont worry about these doorstep collectors as they are not actually real. to my knowledge they have never done a repayment plan with anyone. i'm currently on my 4th letter before legal action from this mob. they want 700 and odd quid from me for an 80 quid loan, i've just told them good luck getting that.

The OFT , local trading standards and FSA are currently investigating them They can expect a knock on their door anyday. Ignore them don't worry.

Has anyone got an email address for Mini credit?

Get the email to

http://www.tradingstandards.gov.uk

http://www.consumerdirect.gov.uk (for the Office of Fair Trading)

They are not allowed to charge £100 for a doorstep collector who has no powers whatsoever. They are not bailiffs and can be told to get lost should anyone turn up.

You MUST MUST MUST complain NOW. Don't wast time trying to write to Minicredit, they will not answer.

Has anyone got the email address though so i have proof i have emailed them, as contacting them using there site means you don't have the proof

Did the doostep collectors turn up then?

If i ended up say 5 months down the line paying them back the money i owe plus 1 months interest what are the chances they would leave me alone?

They're by far the worst of a bad bunch in my opinion, both in the way they lend money and their intransigence when it comes to payment difficulties. For instance, nowhere on its site does it mention that they charge a £20 transfer fee deductible from the loan and what's more, the only way you can avoid this is to send a written request in advance that you don't require funds the same day....

They no doubt think its good "business practice" to acquire a reputation for extortionate charges and a refusal to negotiate - hopefully the OFT will grow a pair of balls and deal with these people like the wretched dogs they are.

I would love to hear from people who have resolved there problems with Mini Credit as i want to pay them back but know they will never accept a repayment plan so i am wondering if i save up the amount i owe if they will accept it as payment then.

I sent so many emails and letters to mini credit with a repayment offer and they never once replied but just kept sending more letters of demand and threats of further action. In the end, I just let it go to a DCA and that turned out to be Fredricksons who have dealt with another of my payday loan debts. At first Freds refused my repayment offer but when I pointed out to them that they have accepted a repayment plan for another PDL debt (albeit after much hassle and threats from Bryan Carter solicitors), so I told them they can bloody well accept my offer to repay mini credit.

I am paying both debts at £1 per month as I am on benefits.

Today I have received a letter from Freds to say mini credit have accepted my £1 per month offer....result!!!

If I were you I wouldn't waste any more energy on mini credit. Just leave it to go to the DCA and then put your offer to them. Then claim back the excessive charges from mini credit.

Good luck.

Did you get alot of phone calls from them too? Even on weekends?

My friend has also been threatened with door step collectors which have had her worried sick but no one has turned up yet. Mini Credit are refusing to talk to her debt management company so now she is going to sit it out and wait for a letter from a DCA and deal with them

Did you get alot of phone calls from them too? Even on weekends?

I probably did but I ignored them anyway as I wanted to keep everything in writing and I had my phone in silent mode most of the time!

I probably did but I ignored them anyway as I wanted to keep everything in writing and I had my phone in silent mode most of the time!

See the problem i have is they have work contact numbers for me.

I sent so many emails and letters to mini credit with a repayment offer and they never once replied but just kept sending more letters of demand and threats of further action. In the end, I just let it go to a DCA and that turned out to be Fredricksons who have dealt with another of my payday loan debts. At first Freds refused my repayment offer but when I pointed out to them that they have accepted a repayment plan for another PDL debt (albeit after much hassle and threats from Bryan Carter solicitors), so I told them they can bloody well accept my offer to repay mini credit.

I am paying both debts at £1 per month as I am on benefits.

Today I have received a letter from Freds to say mini credit have accepted my £1 per month offer....result!!!

If I were you I wouldn't waste any more energy on mini credit. Just leave it to go to the DCA and then put your offer to them. Then claim back the excessive charges from mini credit.

Good luck.

So Fredrickson's just represent the company they don't buy the debt?

So Fredrickson's just represent the company they don't buy the debt?

I don't know the answer to that but Freds refer to mini credit as "our client"

I sent so many emails and letters to mini credit with a repayment offer and they never once replied but just kept sending more letters of demand and threats of further action. In the end, I just let it go to a DCA and that turned out to be Fredricksons who have dealt with another of my payday loan debts. At first Freds refused my repayment offer but when I pointed out to them that they have accepted a repayment plan for another PDL debt (albeit after much hassle and threats from Bryan Carter solicitors), so I told them they can bloody well accept my offer to repay mini credit.

I am paying both debts at £1 per month as I am on benefits.

Today I have received a letter from Freds to say mini credit have accepted my £1 per month offer....result!!!

If I were you I wouldn't waste any more energy on mini credit. Just leave it to go to the DCA and then put your offer to them. Then claim back the excessive charges from mini credit.

Good luck.

How much have you ended up being told you have to repay is it just the loan amount + 1 months interest

How do you pay these token payments of like £10-£20 i don't want to be payment transactions fees all the time.

Hello everyone

thanks for replying to me i have had calls from mini credit, no further letters from them and to date no doorstep collectors either doesnt stop me worrying though, these are the worst to deal with as they just wont accept repayment plans,

Everyone goes on about what you owe + 1 months interest but no one ever has a story on here that a company like mini credit wanted say £800 for a £300 loan and they only ended up paying £300 and this is what worries me most there are no successful outcomes with people in these cases on here.

Has anybody got an email address for these and also how am i suppose to pay them token payments without paying transaction fee?

You should not be dealing by email-write by surface mail keeping a copy,and requesting a copy of their complaints procedure.

Microcredit Ltd

30 Borough High Street, Borough High Street, London, Greater London, SE1 1XU

Dear Darren MO

My account with minicredit was passed to Fredericksons also. I have already paid minicredit over £200 and have told Fredericksons I am not paying minicredit another penny they say I still owe £510. I have recieved yet another letter this week from Fredericksons saying that I have to pay this and have 7 days to contact them. I dont know whether to tell them to contact minicredit and tell them to take me to court on their behalf and let me take my chance there. I am not paying nearly £800 for a £80 loan.