After years of financial grief I finally got myself in a position where I could breathe. I took retirement from work and receive a modest pension, but am still six years short of the State pension. I have had an absolutely awful year, with my other half getting breast cancer and all that entails, keeping our car going and hundred mile round trips to hospital. I ran short of money and I took out a loan with Quick Quid Flexcredit, and now owe them £1200. I have used them occasionally for a few years , purely because my bank point blank wouldn't entertain me for a loan, and I have always cleared the debt (at their huge interest rates) Bottom line is I have absolutely run out of money and really cant afford the £453 instalment they want this month, on the 6th. My priority is looking after my other half and keeping the roof over our head. Can I tell them I am in trouble and ask to stop the debt interest mounting? If I cancel the direct debit, would they accept a lesser sum each month? To be honest, I am at my wits end. I don't care about adverse entries on my file. Its small beans compared to what we've dealt with this year. Any help gratefully received

Hi Guys, Foolishly I have a flexcredit account with QQ, after running into difficulties, I rang them to setup a plan with a DD thinking it was to clear the balance. They took two DDs one for 40.14 and one for 1.89 and then much to my surprise started chasing me for past due payments again. After many arguments with the collections team I finally complained only to receive this reply. -- This email is to confirm that your complaint has been received We apologise for any inconvenience this misunderstanding may have caused. If you have any additional concerns, please contact UK Final Resolution Team directly. The collection department scheduled a repayment plan exclusively for the amount that was past due portion of your loan, as of 16/07/2014. The collection team has no ability to modify or alter your contract. In addition to the collection payments that you authorised, the ongoing contractual payments are still coming due as scheduled. If you are looking for an exact fixed payment, this maybe accomplished. An application will be sent upon your request. You should be advised that such a modification of contract constitutes a default of the existing contract, and would be reported as such to credit reporting agencies. Please follow up with us regarding how you wish to proceed. Sincerely, Robert Elston -- It would appear they want the payment plan + the additional contractual payments as they become due. Is it also correct that can they just default my credit file when I am trying to arrange a repayment schedule with them? I'm really struggling with all this, Cheers WS