An interesting first post Kayleigh

Hi Dannyde Your companies are not too bad to be honest. CFO are a pain though. Personally I would pay off the 3 smaller ones if that's the way you want to do it, alternatively you could negotiate monthly payments on each on them. Whichever way you go make sure card reported lost/stolen etc. Only a new account of course is totally safe. Make any payments by SO or over bank counter. Even with agreements your account can be raided. make sure that any settlements don't include too much interest/charges etc.

Wonga nearly always accept reasonable figures in the end. As for the legality wonga have yet to let a judge decide on their agreements. I suspect you will get agreement eventually but in the meantime wait and relax. A few have got away without paying any interest but a judge might rule in their favour if it ever went to court

Hi Have a good read round these forums as most of these companies get a mention. Watch out for Cash genie as they are not nice and Tower Capital do like the court route. First step is to report your card lost or stolen but personally a new account would be best idea in view of the number who will be chasing you

Hi Kattanne - 42Man is right don't worry. Firstly make sure your bank account is safe. report your bank card lost or stolen or ideally get a new account for any income to go to. They will help themselves if you don't take precautions. Let CCCS help where they can. Ultimately these companies can't have what you don't have so they will have to come to an arrangement with you. Wonga just make figures up and no one really takes them seriously. make it clear you will only agree to repay the debtplus one months interest maximum. there is really nothing they can do but annoy you. If it goes to a DCA the same rules apply. With CCCS on your side they are hardly likely to take you to court. Good luck

I have yet to see Payday Express take anyone to court. I suspect BC may send another letter or two but doubt PE will want to play anymore.

Welcome to CAG Wiganfem A new account is your only certain way of stopping them, I appreciate it will be inconvenient if you use it for other things, but it is the only way to stop them. A new account is quick to set up and you can let only the people that need to know the new details.

All the companies react differently, but most will do the same thing if you give them your card details. Just make it clear you will only pay over bank counter or by standing order. They will have to accept eventually on your terms (within reason). I would imagine a court would laugh at them if they realised you wanted to pay but by a different method to their preferred one. If you have the bank details by all means make the payments as agreed.

Personally I would wait for them as some will not even discuss until you default. Jamie would suggest contacting them first and this is OK if you are really confident and don't mind being abused on the phone by some of them. To be honest as your funds are safe it doesn't really matter. Just decide before negotiating what you are willing to pay and how long for. Don't agree to any outlandish figures. As a general rule of thumb the original loan plus one months interest is reasonable enough. No agreement = no payment. Just make sure all paid by standing order. It will take a while but you will get there.

CFO have been known to pass to Phillips (bailiffs but acting in the role as DCA so wont be at your door!). When you CCA them you rarely here anything again. Certainly one of the less aggressive when it comes to collection. Different story if they have your bank card details. They are generally reasonable when agreeing a repayment plan, just make sure it is paid by standing order. Just stand firm and they will agree something with you in the end - just make sure it is reasonable.

Brilliant Vic You have a nice way with words. Brought a smile to my face.

CAG needs the income and don't have complete control over the adverts. If it keeps this site open definately the better of two evils.

QQ don't just send to Muck Hall. They have also been known to send to Gothia and 1st credit. Before they pass on they usually offer you a nice discount to pay it off

Hi spursgirl I would just deduct the charges from what you pay them back. Just make sure you lose/report stolen that card because they will be back next time you have funds go in to your account!!

Welcome to CAG Weller Get card reported as lost or stolen as a starter as this offer you some protection from them helping themselves. A new account is the only certain way. QQ will normally accept payment plan over 3 months. I am assuming that they have added charges to yours. QQ will normally accept just the loan and original interest back. Reply to their e-mails and no doubt they will be akward to start off with. For most folk the only answer is to wait for them to pass to a DCA in UK. They are based in America and have no idea how debt collection works here. Ultimately you will get a plan at some point just don't be bullied in to paying over the odds. For what is worth I think £100 per month is generous. I believe QQ use direct debits routinely so watch out for them setting one up on your account without telling you first.

Definately, just make sure they can't get any more.

Hi Exeter I suspect getting your money back is the main priority. I would take them to court to retrieve this if needbe. As for compensation I think you would be gambling. I would personally cancel all cards they have access to just in case they try and gel themselves to some charges of their own.

Hi Willo If they have sold debt to Fredericksons they would probably bite your hand off for £140. They will think it is their lucky day having paid a fraction of this for the debt. If not sold I suspect they will still accept £140. Personally I would stand my ground. Already by doing this they are negotiating!!!

I think your £120 offer is reasonable and I would be tempted to call their bluff. No dca has any power over you and you can tell them to get lost as well. Keep a copy of your correspondence just in case so you can prove you have been reasonable. A £1 per month offer is fair if that's all you can afford.

I think the best you can do is formal complaint to the bank. Tell them the transaction is fraudulent as you have not given them permission to use this card or any other card for this account. It might take some time but worth a try.

They shouldn't- but they do. They have your account details and can even create direct debits. The only way to be totally safe is new account and not to apply for any more of these loans. In the meantime you will have to fight tooth and nail for refund from bank as they will argue you have willingly handed over your details. Some do get refunds if they complain enough.

Just because they say £1100 doesn't mean they will ever get it. Personally I would refuse to make any payments if any extra interest has been added to your original loan. When they take it off you can negotiate a monthly repament figure.

Sorry to hear of your trouble. All of these companies will try and raid your account given the chance. Their best way of getting your new account details is if you make new loan applications. You give your details to a company who happen to be a broker and all of a sudden your new card details are common knowledge.

They should not contact employer but there is always the possibility. Some companies have it written in their tc's. It appears to be mainly a threat to ebarrass you in to paying. They will of course call you at work and somtimes leave messages. Jamies advice on answering your mobile works for many.

Hi Wazzle and welcome to CAG. Firstly don't stress yourself out over this, your health comes first. You will need to make sure they can't help themselves to your funds (and they will try) by reporting your card lost/stolen. this usually works but a new account is the only 100% safe way. Personally I wouldn't send them I/E form and that your proof of redundancy is plenty enough. Basically until they reach agreement they don't get paid. I would make them a monthly offer you can afford and pay by standing order. Before paying anything get written agreement that all interest has been frozen. If you wanted to play hardball you could just repay the capital as you have rolled over before. When they can't access your funds you will be in control. Not a lot they can do to be honest.