Payday companies contacting your employers?

[corblimey22]

I have three payday loans and may have to default this month - I am going to contact the companies and ask for a payment plan - but what I am worried about is will the payday companies contact my employers about it, demanding the money?

 

I'm a person who get very embarrassed about my money problems and I don't think I could stand people at work knowing about it?

 

Has this happened before? If I don't pay them will they hound my employers?

[dx100uk]

no thats unlawful

 

dx

[Jamie Kingston]

i seriously doubt it, i would advise always answering your mobile so then they'll have no reason to call you @ work... who are the companies, perhaps we can help?

[corblimey22]

Hi Jamie

 

It's Payday UK, Swift Money and Wageday Advance.

 

Swift have a habit of calling my work number

[andydd]

Although when you apply they do ask for employment info, maybe in the small print there is something that gives them permission to check your employment status but going any further than that would prob be unlawful.

 

Andy

[dx100uk]

sorry but we need to be clear on afew things here

 

no creditor is allowed to contact your works about these personal issues

 

& although i don't advocat the head-in-sand act, contacting some these co's directly to discuss things - possibly opens you to further questionable tactics.

 

dx

[andydd]

sorry but we need to be clear on afew things here

 

no creditor is allowed to contact your works about these personal issues

 

& although i don't advocat the head-in-sand act, contacting some these co's directly to discuss things - possibly opens you to further questionable tactics.

 

dx

 

But if the T & C's do say that they will contact your employers (to check employment status, etc) then it is perfectly legal, I myself have taken out a loan and I believe my employer was contacted to check I was actually employed there, mortgage companies would do the same for obvious reasons, (i.e to check that you actually are earning £xx).

 

Of course this doesnt apply after the loan has been taken out and they are hassling your employer for no valid reason.

 

Andy

[Jamie Kingston]

moving forward, put down the boxing gloves, after you default payday uk will come to an arragement, normally anything up to 12 months will do. WDA anything up to 6 months normally fine and Swift, if you can do three months that would make life easier for you. they are smaller and can be more difficult then the other two.

[robjam1969]

They should not contact employer but there is always the possibility. Some companies have it written in their tc's. It appears to be mainly a threat to ebarrass you in to paying. They will of course call you at work and somtimes leave messages. Jamies advice on answering your mobile works for many.

[dx100uk]

if its written in the T&C they canot use that to harrass you through your work.

 

they may well make intitial contact to confirm employment but thats where it should end.

 

dx