Hello, I am happy to be contacting you as I feel alone in a terrible situation I am in between myself and Swift Advances/Loans. I borrowed £6k in August 2007 to pay for a new heating system (I had not long bought a flat and within a month the heating system needed replaced, at £3k - I had just finished studying a degree full time and had no money, I borrowed extra £ to clear some debts and put a new bathroom suite into my new flat). I have been paying Swift £101 per month since then however have managed this account poorly and each month been charged £64 for a late payment. I have paid them £101 approx since the loan started, with some arrears building up. Today - 5.5 years after taking out the original loan, they say I am due them £12.?K - this is unreal!!!!!! I have paid them so much and the debt has only risen. This is unjust surely??? Glad to be joining the group. I had in Sep 2010 started a full time post-grad degree and this created more financial difficulty, that Swift have taken advantage of. I am now paying them £150 per month - and that is just "INTEREST ONLY". I am still a student (not long now), but feel that this cannot be lawful. All the money I have paid them to date. They say I have a arrears of £1.8K, loan is £10K and I am only paying interest of £150 every month. Even though I have been paying this loan for several years. Your views, much appreciated. I will not stand by this quietly.

Hello, I am happy to be contacting you as I feel alone in a terrible situation I am in between myself and Swift Advances/Loans. I borrowed £6k in August 2007 to pay for a new heating system (I had not long bought a flat and within a month the heating system needed replaced, at £3k - I had just finished studying a degree full time and had no money, I borrowed extra £ to clear some debts and put a new bathroom suite into my new flat). I have been paying Swift £101 per month since then however have managed this account poorly and each month been charged £64 for a late payment. I have paid them £101 approx since the loan started, with some arrears building up. Today - 5.5 years after taking out the original loan, they say I am due them £12.?K - this is unreal!!!!!! I have paid them so much and the debt has only risen. This is unjust surely??? Glad to be joining the group. I had in Sep 2010 started a full time post-grad degree and this created more financial difficulty, that Swift have taken advantage of. I am now paying them £150 per month - and that is just "INTEREST ONLY". I am still a student (not long now), but feel that this cannot be lawful. All the money I have paid them to date. They say I have a arrears of £1.8K, loan is £10K and I am only paying interest of £150 every month. Even though I have been paying this loan for several years. Your views, much appreciated. I will not stand by this quietly.