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Showing results for tags 'p2p'.
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http://www.crowdfundinsider.com/2016/01/80598-trustbuddy-bankruptcy-lenders-to-pay-25-on-recovered-claims/ I am a lender with TB. My money is invested in Finland. I have received several letters from the Swedish administrators. The latest appears to offer an agreement to buy the loans from a debt collection agency. I can't understand most of what they are saying because some of the docs are in Norwegian. I have tried writing to the administrators, but have not received any response to date. Anyone else in a similar position? Not sure what my options are....
Hi All, I need some advice please. I had several payday loans from 2012 -December 2015, but this query relates solely to P2P/ARC I had a QQ loan, which I defaulted on back in 2012, reached a payment arrangement and settled in full around April 2013. Had a major issue and took out a P2P loan in/around November 2013 and they advanced £1050.00. I made 2-3 payments, but then defaulted. Balance outstanding is now £910.00, they have passed the debt to ARC Europe, who call daily from a 1000 different mobiles but to date I have ignored all calls. P2P advised the debt was passed on to ARC for collection, not sold. ARC last week sent me an email, which began with "without prejudice". they then went on to ask me to contact them to agree a much reduced settlement figure, or to agree weekly payments as low as £2.50 a week. The email went on to say that if I did not respond within 10 days the account would be passed to their solicitors for them to consider court action and there would be no further correspondence in this regard. Needless to say, they still call daily. Is there anything I should be doing, will I receive a letter before action from solicitors or would this letter constitute a LBA? Thanks in advance.
Hi, I ve been searching the forums and used the templates etc. Basically, I have 4 PDL and its spiralled out of control. I've taken ownership and contacted them to offer repayment based on available funds. I have provided them with income and outcome figures, then divided the rest based on percentage amount. Wonga are just ingnoring me and Im getting no where, so I itend to send a letter instead of email. MEM gave accepted and Ive made 1st payment. However, P2P / QQ are demanding I fill out a complete income and expense form. This is after two weeks of counter offers to extend my loan with different amounts and time, with questions about my personal life each time. Im not sure what to do next. Do I have to fill out a complete I/E form they have sent me or do I just reply back with the two figures with an explanation. I'm just wary as it all seems to be game-play?