I could definately manage 6 months at 56 and then pay more after 6 months if that was an option, would wonga be prepared to do that perhaps? obviously i wont know until they reply but my finances are in dire straits as it is and i really just need a few months to get back on track, my main concern is to get both wonga and paydayuk paid and gone so i can get out of this vicious circle, so i can enjoy my money without feeling on borrowed time.

This is the email I sent to the collections team, in your opinion do you think I would have much success? Hello, I am currently writing with regards to a current open loan which was originally for £1000 and currently stands at £1243.51, which is due on the 1st of August. I regret to inform that my financial circumstances have now changed dramatically and I will no longer be able to meet the agreed repayment, I have no interest in allowing this debt to default and have every intention of paying the amount off, and as you will see from my history with your company that I have always paid in full. I can only hope that you will be compassionate enough to halt all interest and charges and allow me to come to an arrangement with this loan. I have calculated that if I was to arrange a payment plan over a period of 24 months of £56 then I can comfortably afford this each month, and I would review my circumstances on a regular basis to ensure that any future available finances will go to paying off the outstanding balance sooner. Again I have nothing but good to intentions with regards to this loan and to the Wonga team and I have been aware of your compassion with other customers with this regard, I appreciate the inconvenience that this causes but my only intent is to pay off the existing loan and to come to a manageable agreement for both of us. Yours Sincerely Contact through email only.

Hello all im not sure if this is the right place to be but it refers to credit score matters so hopefully someone can help, back in february myself and my partner were applying for a mortgage and we were declined for moving house a lot as it was 95% LTV so the lending criteria was a lot higher, however before we were told why we were declined i had signed up to credit score matters to view my score as it was a 10 day free trial, however i never once logged in and used the service as the bank had told us exactly why and our credit score was fine,now when i signed up to csm i used a debit card but i never used the bank account so i knew they wouldnt be able to take the payment after the 10 day trial, and i was under the imppression that if you dont log in the account wouldn't be activated. I recently got a statement from the bank that the unused account is linked to because i have been using it to save a little extra, and csm have taking 2 payments of £19.95 in quick succession, i immediately called up firstly to cancel but i was told that becuase the service was provided whether i used it or not i would not get a refund, however i find it innappropriate that nearly 5 months of not getting a payment and failing to inform me that they couldn't take payment the try when there is money and i cant get it back, also god knows how many times they've attempted in that space of time, i was just wondering if anyone has any advice as to how to move forward, i have emailed to say im requested a full refund because i feel its innapprpriate business practice, but would like some back up info if anyone can help.

Thankyou for the help it has really made me feel a lot better about it, in anyones opinion do you think it is worth emailing first as i've heard some people emailing and filling out a basic income and expenditure, would this help or is it best to call them the day i default? and with paydayuk, should i contact them to see if they would accept a payment plan or continue to differ by paying some of the loan and charges each month as i've been doing?

Hi as with others i have read on this forum i too have been victim to the payday loan cycle the story is quite loan but to cut it short i originally was balancing three payday loan companies (Wonga, PDUK, Lending stream) i had to borrow a substantial sum of money from my uncle to pay them off and I'm paying him back £100 per month and now an unexpected bill left me with no choice but to borrow from Wonga again, my debt is now at £1330 which is total loan including interest and charges which is due at the end of this month, my wages are only £1000 and i don't know what to do, i want to arrange a payment plan but I'm afraid to call or email them for fear that they will send letter after letter as i don't want my family to realize the debt i borrowed, i realize it was ridiculous to get in this position, but can i deal with Wonga purely through email? so they don't send me letters and can anyone please advise me what to do? I also have a loan with PDUK that i have defered every month by paying the interest and a little bit of the loan each month but its going nowhere would they accept a payment plan too, i have around £300 spare income i thought perhaps they would accept £50 each per month is this unrealistic? sorry about the frantic nature of the post but I'm worried about what to do next. The success stories i've read gives me hope that there is a solution. Any Help would Be ubelievably Appreciated