I checked a few others and as you would expect at 3000% APR on a loan they are all doing very well. For example MEM Consumer Finance LTD who are Payday UK have millions in working capital, all bills are paid on time, if they were a public company I would be buying shares. So either Capital Finance One directors have no clue how to run a company or they have an expense account bigger then the CEO's of the top 5 banks.

This was referring to the people in this blog who have had moeny withdrawn from there bank accounts "in error". I haven't had the loan as agreed from this company as yet but i can see they have setup a direct debit order on my account.

Yes if they go into administration the administrators would try to collect the debt. After a period of time they would sell your debt to a collections company at a fraction of it's value. I would also contact Trading Standards Department or your nearest Citizens' Advice Bureau if they are refusing to setup a payment plan with you. But i suspect you are doing the right thing in making payments when you can and not just thinking it will go away.

WARNING: Be very careful before supplying this company with any personal orfinancial information. I applied for a loan with this company some days back and i got suspiciouswhen the funds didn't go into my bank so i done some research and found thissite. Then i carried out a credit check on the company and found that theirworking capital is in the red £-103,665.00 and net assets are £-158,385.00. So they are clearly using YOUR money to keep their failing business afloatand it’s not there first company they just bounce onto a new name when theadministrators are called in. They have dozens of creditors chasing them for payments of bills. If thiscompany goes into administration before you get the money back that they areowe you, the chances of getting it back are very slim. Current Company Directors Mr James Keeble Miss Keara Garrit-Smith Miss Shauna Garrit-Smith Miss Faye Hughes Miss Brogan Garret-Smith I can tell you how to get the home addresses for the above directors if youwant to send them a letter. I can't post them on here for legal reasons. Sendme your email and i will send you more info. I have also just found out that Essex police are investigating this company,as fraud seems to be on-going. When i called in to ask for some informationthey just told me investigations were still on-going. All of the above information can be verified from public records.