Jump to content

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3525 days.

If you need to add something to this thread then


Please click the "Report " link


at the bottom of one of the posts.


If you want to post a new story then


Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 



Recommended Posts

Hi All,


Over the last year or so I have got myself into a rather large muddle with the various payday loan companies... I ended up paying out my entire salary to them and then borrowing again to ensure that I had money for the month.


Anyways, enough is enough I thought to myself and I have decided that now I have myself in a somewhat 'stable' financial position (ie: I know what goes in and I know exactly what goes out) I have started getting in contact with the various companies to make arrangements to pay.


My issue is currently with CashGenie... on a £150 loan they have decided that the outstanding balance is now £1114.10


I asked for a breakdown of these charges and over £900 of this is interest plus various fees for sending letters, transfer fees which have been charged when sent to Carter Forbes (which seems to be the same company anyways) plus some charity donations!!?


Anyways, I have sent them an offer of the full amount of the loan plus 1 months interest which totals £195.00 and they have declined this.. they are now saying that they are going to issue court proceedings... Surely no judge is going to make me pay this rediculous amount of interest and silly charges?


Im at a bit of a stale mate with them... I am aware that I have been in the wrong by leaving it as long as I have but previously this has just seemed unmanagable... Could anyone advise the best course of action? Should I allow this to go to court and advise the judge that I am willing to pay back the amnount on the original agreement?


Any help would be greatly appreciated!



Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.

  • Have we helped you ...?

  • Create New...