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2012 minicredit loan..now with kapama


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i had a loan with minicredit back in july 2012 for 100 pound.

I get emails from kapama every month requesting £808.

How can they charge 808 pound for a 100 pound loan is beyond me?

 

What is the best course of action to deal with this?

 

Ignore them and wait for SB and hopefully gets removed from credit file?

I had contact with kapama in may 2013 regardig the loan through email would this reset the 6 years?

 

Id be happy to pay them the oringinal agreement of the loan of 125 pound but not the 700 pound in charges on top?

 

Should i contact them and offer this payment?

Thanks

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when did you last pay it?

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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kapama is MC. The same people run it. They did it a few years ago after they got caught with their collection practices.

 

basically they levied a ton of unlawful charges to the amount owed while they were minicredit. Then "sold" it to opos/kapama.

 

Wouldnt surprise me if you keep ignoring it and they offer to remove all charges. Especially when you call them out on it.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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I havent paid anything towards this debt.

.looking through my emails i contacted them in May 2013 asking for the charges to be taken off

they were of no help and offered me a settlement of 500 pounds to which i just ignored.

 

I have ignored the emails ever since.

Thanks

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Keep ignoring.

 

let us know if they send anything else. Theyve prob seen the account in a defunct file and thought theyd try their luck.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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There ya go then. if they wanted to do ANYTHING, theyd have to post it. Theres a whole lengthy procedure they have to go through.

 

They NEVER do because they wont want their unlawful charges to be seen in court.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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