First visit to this site. I also took out a loan from Universal credit for £6000 in 1995 got into financial difficulty and arranged a reduced sum. Then Paragon wrote to me and said they were now in control of the debt. I received no statements regarding my account and they did not make me aware of the charges and compound interest. In 1999 I tried to pay off the debt. They said it was 22,000 if I wanted to settle the debt there and then. Alternatively, if I paid £140 for 8 1/2 years (£14,280) that would settle the debt. That meant the debt would be finished in Jun 08.(I havent missed a pa