I have a loan with these guys 590 plus interest of 127...i just cant afford to be paying the interest and carrying this over each month...what should I do?

Do they offer payment plans

Should I cancell my card so they cant take the payment out and then try and arrange something with them

I dont want them clearing my account..i just cant afford that.

Help and advise welcome please..

Hello there.

I'll move this to the payday loans forum, where the guys should be able to help you.

My best, HB

Cancel all cards and change your bank account if possible. That should be your first step. If they have access to your bank details then you can be 100% sure that they will try to debit it anytime they wish.

They will provide their bank details to pay by standing order but you do feel like you are banging your head against a brick wall.

When you cancel your card, also send WDA and your bank the stopping of continuous payment authority. Should be no need to change banks.

Dont arrange on the phone, do it all by email /letter and if they don't play ball complain.

If you genuinely feel it was irresponsible lending then complete the OFT complaint form...see stickys.

In my case I went form 250 to 750 with no further credit checks, even though I owed 40k of unsecured debt

As of now my PDL's are getting nowt and I am checking the enforcibility of all my other debts . I have no income and no assets so what can they do?

Contact them via [email protected] to discuss a repayment plan.

Expect a little arguing back and forth, and they will expect you to complete forms and send bank statements but refuse to do so.

Usually, they won't add any extra charges or interest but will put on a fee for setting up the repayments.

I was charged £24, but i was happy to accept as they set it up pretty quickly and couldn't be arsed moaning over it.

Contact them via [email protected] to discuss a repayment plan.

 

Expect a little arguing back and forth, and they will expect you to complete forms and send bank statements but refuse to do so.

 

Usually, they won't add any extra charges or interest but will put on a fee for setting up the repayments.

 

I was charged £24, but i was happy to accept as they set it up pretty quickly and couldn't be arsed moaning over it.

That charge is illegal by the way.

Also, the ONLY form you should give them is a simple income and expenditure form. In absolutely no circumstances should you ever give them your wage slips or bank statements.

That charge is illegal by the way.

 

Also, the ONLY form you should give them is a simple income and expenditure form. In absolutely no circumstances should you ever give them your wage slips or bank statements.

Yeah, i know.

I may argue about it when it comes towards the end of paying Wageday Advance.

But when you've got that many payday loans staring at you then at the time £24 felt a lot better than £100s in charges and interest.

What you can do is a simple trick. let them charge you the £24 but dont sign anything related to it. When your debt goes down to £24 left, tell them youve already paid it as they deducted it at the start, otherwise you will consider it an illegal charge and notify the relevant authorities. Play them at their own game.

i have 3 payday loans and cant change my bank as it took me long enough to get this one with my credit i owe payday uk 300 cash genine 150 and wda 400 i cant afford to keep paying the intrest what can i do with out them taking money from my account im getting very syressed with having no money at the end of the month can i set up 10 per month with these guys please help someone

You have to help yourself.

Anyone can request a banks most basic account - some of the banks might be accessing for a current account?

try Halifax Easycash which you can apply for today online

Here is a list with names of basic accounts as it may help to quote names of basic accounts

http://www.moneyadviceservice.org.uk/_assets/downloads/pdfs/your_money/bank_accounts_table.pdf

Then start emailing the lenders you owe cc. yourself this becomes your proof should you need to take it further, telling them how much you can repay and ask them to freeze interest and charges - do this from the outset and be clear in what you are asking along with requesting their payment details

With the OFT investigations lenders are probably falling over themselves like never before to help

Failing all this and still having problems - Citizens Advice