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BurnCK

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  1. Does anybody know exactly how these new regulations coming into affect work ?I believe the cap on what you have to pay back is 100% of the existing loan. Will that take into account any rollovers you've made?For example, if I borrowed £300 and paid £75 for 2 rollovers, will that be £150 already paid, meaning the most I have to pay if I default will be £450 ?
  2. Whilst I was away I received a letter for unpaid council tax from Jacobs. The amount was for £892.12. Unfortunatey the 14days I was given to pay on the letter had expired by the time I got to read it, so the next letter I received was from a bailiff that visited demanding £1112.12......£220 added on !!!! I rang the bailiff to advise that I wouldn't be paying anymore than £42.50 they were entitled too. A heated exchange ensued before I put the phone down. Anyway, 10 mins later he phoned me back saying he would reluctantly accept just £42.50 if I paid the following day. In the meantime I rang the council who were willing to accept full payment from me including the £42.50. They informed me that the original £892.12 already included the £42.50 so i paid it to them in full and they said they would inform Jacobs. I rang the bailiff back to inform him (as he was due round again that morning) and obviously he wasn't happy that I had circumvented him even though the council had agreed to take the full payment from me (obviously he wanted extra fees). He then said he would pursue me for fees at which point I just said bye. Can I assume that because the council took the payment of £42.50 (which they advised was for the visits) from me that the matter is actually over and they don't have a leg to stand on ???
  3. Ok here's a further update. So far the PDL companies I have spoken to have been reasonable : WONGA - Payment plan arranged. No additional charges or interest. MR LENDER - Payment plan arranged. Just had to pay 1 months interest. UNCLE BUCK - Payment plan arranged. Just had to pay 1 months interest. PAYDAY UK - Will respond tomorrow with proposal. PAY DAY EXPRESS - Waiting for a reply EARLY PAYDAY - Was only a small amount so I paid them in full. QUICK QUID - Waiting for a reply LIQUID ADVANCE - Was only a small amount so I paid them in full. Fingers crossed that the rest can offer a reasonable payment plan, and if all goes well I'll be rid of all of these by then end of the year
  4. Does anyone have an email address for Mr Lender please ? They only have a contact form on their website, and I would like to send all correspondence from my own email address so that I have copies of sent emails.
  5. OK, a little update after emailing PDL companies.I emailed Wonga advising of my situation. They instantly accepted my proposal of £50 per month for the next 4 months with a final payment of £8. Considering I only owe them £208, this is a better response than I had hoped for.Let's hope the next few replies are as accomodating.
  6. Thanks, I will pay off those I can afford to this month, but I'm unsure whether to simply default on the rest and wait for CCCS, or try and setup a payment plan myself before defaulting. If I do then it kind of negates the need for CCCS to be involved. If I can get these companies to agree to payment plans then I don't mind not using CCCS, but I didn't think they'd agree to repayments plans without them which is why I contact them in the first place.
  7. I believe that they can still take payment if your initial agreement included 'continuous authority'. This means that even if you cancel your card, they can still take payment against it as they use a special code that allows the bank to authorise it still. This is why many people advise that you change bank accounts.
  8. I have several payday loans which are now at the point that I can no longer afford, so I decided to do something about it and contact CCCS. They were very helpful and have arranged a DMP for me which will start on the first week in September.They have also provided me with a letter template to send to the PDL companies advising that I am entering into a DMP and that they will be contacted by the CCCS.However, I have repayments that are due this Friday and wanted to know if it is best for me to contact some of the PDL companies to arrange some sort of repayment plan before I default, or do I just default and let CCCS handle it ?I currently have 7 PDL's....3 of which are £200 or less. Would it best for me to pay these 3 this month (I can afford to clear at least half of the debt with these 3 this month) and then default on the rest ?I'm just a bit unsure on how to proceed. I can't help thinking that it would be best to contact these companies before I default to have some sort of repayment plan in place...but at the same time I don't want to undermine anything the CCCS will be doing on my behalf.Please help.
  9. Received my full refund today direct into my bank account....only 11 days after it was taken 8)
  10. I stupidly applied to Wentworth Direct without doing any research about them first. Surfice to say that I too was duped by this company. After being offered a loan at 15.2% APR I was then asked for by debit card details so that they can 'check I have a UK bank account'. There was no mention of the £59 fee at any point during the conversation. Anyway, I sent the following letter to Wentworth Direct : I then backed this up by immediately contacting the Financial Ombudsman who also sent a letter on my behalf. Imagine my suprise when I only 1 week later I received a text message from Wentworth Direct advising that my refund had been processed and would appear in my account with 5 working days. This was on Fri 22nd Oct, so I am expecting to receive a refund at some point this week. I will advise when the funds actually appear in my account, but it's certainly promising. I would advise anyone looking for a refund from these crooks to follow the same procedure I did....
  11. I recently received a letter from a company trying to claim 400 quid from me for a credit agreement way back in 1997 when I was a frivolous student. I think I can remember it, and if they can send me a credit agreement then I will pay it, but can a company really chase a debt from 11yrs ago ? I thought most were written off after 6yrs ? Or am I mistaken ?
  12. Many thanks. I sent them a letter and still no reply after the 12 days. What now ?
  13. Why have you both advise me not to sign it ? Out of interest......
  14. Ive recently had Robinson way contact me about a debt from a couple of years back. I agreed to make payments but first requested a copy of the original Credit Agreement to which they said that I would have to contact the original lender ? I was told that it was not there responsibility to provide the Agreement as they had not bought the debt and were only acting on behalf on the original lender and they could pass the debt back to them at anytime. Is this right ? Surely if they are the ones requesting payment then it is there responsibility to provide me with a copy of the Agreement. All they said they would send me is a statement with the outstanding balance. Can anyone advise me ? Do I have to chase the original lender or am I being fed a load of crap ? Thanks
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