Good morning everyone, This is my first post on here although I have been reading various threads from people relating to pay day loans etc. I currently have two pay day loans, a credit card and a grad overdraft: Quickquid - 875 Wonga - 581 Credit card – 4600 (£200 per month payment plan arranged) Grad OD – 1650 My main priority at the moment is to deal with the PDL’s. I have spoken to national debt helpline who advised me to cancel my debit card, write letters to my bank and pay day companies to cancel the continuous payment authority etc which I have done. My PDL’S are due Monday 28th May and as I didn’t want to hang about until my account’s defaulted with these PDL’s I decided to email them as I’ve seen some people do so on this forum. Wonga replied with an income and expenditure form which I returned with basic info and they have now agreed on a 12 month payment plan (I have not agreed to this as of yet). They said I would not receive a default on my credit profile although they did say there would be a note of some form of payment plan. Can anyone give me concrete confirmation that this is correct? And will this still badly affect my credit rating? Quickquid haven’t been so helpful and advised me to go on to live chat which I have done twice now. I explained my circumstances and initially proposed a 12 month plan which they outright refused. They then offered me a 3 month pre-default payment plan of £291 per month. I need to be realistic it would leave me with not much for three months as I’m currently paying rent, bills and £200 per month for my credit card. I explained this wouldn’t be possible and proposed a 4 month payment plan which they refused. The woman then said I should wait until the payment due date and speak to collections who may be able to arrange a 4 month of 3 month payment plan. She then confirmed that I will not incur a £12 late fee or a default if I telephone them before the end of the payment day. My questions are: 1. Will I still be able to agree to a payment plan even though it’s on the payment due date? I somehow recall reading somewhere that they need one day’s notice? 2. Will I receive a charge as I haven’t paid them the full amount on the agreed day and given them notice? 3. Will I receive a default as I haven’t paid them the full amount on the agreed day and given them notice? 4. Has anyone had a 4 month pre-default payment plan with quick quid before? I want to avoid a default at all costs and get this settled asap to get these people out of my lives. Thanks for your time, any help would be much appreciated. Sizer