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burnleyrick
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to my regret i took out a welcome loan about 8yrs ago and have topped it up a couple of times.I was a bad mistake i know and am now paying the price.

last week i got the usual statement from them and to sy i was shocked would be an understatement.my monthly payment was £250 BUT nearly half that was interest or "Capitalisation" as they call it.

 

in the last year i have only reduced the loan by about 60% of what i have actually paid to them.

 

im sure there is something not right about this.Stupidly i hid the paperwork from my wife so she wouldnt get wind of this but she now knows and wants to help sort things out.

 

anybody any advice for me as imsure that im paying more than i should

 

Something good came out of this as i relieved loads of pressure form myself by not keeping it secret and coming clean to wife

 

thanks rick

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you really need to remove pers info!

 

and the bar codes!!!

we have spies!!!!

 

a/c no. etc etc

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Agreed-the barcodes and account details are still clearly visible.

Please remove those before posting (its in your own interest)

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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1st lot not worked..

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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hiya

 

have moved you thread to the welcome forum so should have a bit more help there

 

ida x

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