Thank you for the information, I will let the debt collectors know by e-mail that I'm paying towards my debt and will be setting up a standing order starting at the end of August. One last question though, what will happen if they issue a CCJ against me, even though I'm paying it off?

Hi, Did you manage to sort out some arrangement with Swift Sterling. I'm now in more or less the same boat, I made a few loans witht them since January and always paid it in full, June I suffered heavy financial set backs, which led me to default on my loan, I have however notified Swift Sterling a few weeks before it was due that I will not be able to pay the full amount and if they could set up an arrangement to have it paid off on a month basis. They didn't accept, but I still paid £100 in June and another £100 last month, the amount I lend from them was £650. Their debt collectors called on Saturday and said I must pay over £800 in full else legal action will be taken where I will be liable for all costs. I was so upsed when I heard this despite trying to pay it up I told the rud agent to proceed. My daughter has Chicken Pox and I'm so tyred from work and studies which is why I told them to proceed cause there's nothing I can do. I still wanted to explain to him about my situation and he said he wasn't interested and hung up. I had another loan with txt loan, but they happily agreed to accept £50 per month, I'm currently paying £60 per month. What can I do please, what can I do. Any advice will be greatly appreciated. Thanks!