Quick Quid nightmare help required please!!

[Benibaby]

Hi,

 

My partner and I are having a nightmare with Quick Quid and Swift Sterling at the moment, I have posted about Swift Sterling in another thread, the situation with Quick Quid is, we took out a loan with them before xmas we were having financial difficulties and knew we would be unable to make the payment so we contacted them and set up a pre default plan, it was to be paid in 3 installments we have paid the first but defaulted on the second this week. We still owe about £500.We are going to be unable to pay more than £10 a week at the moment and that would be a struggle as my partner has had his hours cut at work and we don`t have the money to pay these payday loans. I want to set up a new repayment plan for a lower amount but I know they are not going to accept payments for such a low amount and over a long period of time. Does anyone have any advice on how I should proceed please?? Should I just email them our offer of repayment and stick to my guns or let them pass it to a DCA and negotiate with them? This is all making me sick with worry.

 

Many thanks in advance.

[quackquack]

hi welcome please try not to worry too much it will be sorted ...qq will most probably not accept ur offer of ten pounds or less so it most probably will go to the dca but dont panic if it does then ur in a better position to negotiate ....email qq on ur due date telling them ur defaulting and again are requesting a pay plan then wait for a reply do not give them ur card details and if u have cancel ur card now as they have been known to raid bank accounts including mine and tell ur bank ur cards lost then cancel any direct debit now so they cant touch ur money ..they accept paypal payments so if u can just send them token payments in bits and bobs until it goes to a dca as id be very surprised theyl agree to a low sum from u .....please dont worry weve all been there and people on here will give u the best advice just dont talk to them on the phone and do not send any personal banking details ie expenditure to qq or dca .....good luck be firm keep all emails as reference

[Benibaby]

Thanks quackquack,

 

I decided to email them this afternoon, stating the situation and what we can pay them, as you mentioned I will be surprised also if they accept a low payment of £10 a week but it is worth a try and it really is all we can afford right now. I want to pay our debt but realise it is going to take a while. Do you happen to know how soon they pass on their accounts to a debt collection agency? I said in the email I only want to hear from them by email or live chat not by phone, but I doubt they will stick to this. Thanks for your kind words of support. I will keep the thread updated as and when I hear anything. Many thanks, thanks god for this site!!

[quackquack]

hi ur welcome sweeet heart ..what normally happens is aftr the due day u default they contact u to find out where the money is but i reccomend u email them on the second day telling them ur in severe finacial hardship and put ur offer in the email .they will then no doubt reject ur offer so u send another email stating exactly the same thing as u previously told them and if they ask u to phone them politly tell them u would prefer contact only by email and save all ur emails and ask them to take ur number off there computer but chances are they wont if u can send them a token payment tell them that and pay them by pay pal then if u keep refusing there offer of a payment plan then they normally send it to a dca BUT dont worry u wont get taken to court u can arrange a plan with them but nows the time to be firm and stick to ur guns on everything ok ....go to the top of this page and type in quick quid and i have info on my forum quackquack now go sit down have some tea and relax i was worse than u but i robbed peter to pay paul to get rid of them so if i can u can and get some sleep and try not to worry .there are lots of good people on here who can help u xxxxxxx:-):jaw:

[Benibaby]

Thanks quackquack,

I have sent them an email today if I do not hear anything back from them I will send another tomorrow. I have read through many of the quick quid posts and I know I am not the first one in this position and I will not be the last. Thats what we were doing before robbing peter to pay paul, but now enough is enough, and with my partner having his hours cut we just cannot do it anymore. I am keeping a record of all emails sent and I will only communicate with them in this way. Thanks again for all the help and support.

[quackquack]

no probs i totally understand where u come from good luck keep us posted xxxx:-)

[Benibaby]

Just an update,

I have received an email back from Quick Quid rejecting the £10 a week payment, not suprised at all. The email said that a repayment plan was agreed and cannot be altered. I don`t know what to do know, I haven`t got Paypal and don`t want to set it up either, used it in the past on ebay and had nothing but hassle so closed my account with them and there is no way I am sending postal orders. I am thinking of getting one of the cashplus pre pay cards and maybe saving money on that each week then ring them once a month to make a payment. I don`t know what to think we can`t afford what they are asking and I know it is going to get passed onto a DCA. Has anyone ever managed to set up a decent repayment plan with them, as all the threads I have read seem to be over 4 months at most. Thanks.

[quackquack]

hi sorry but i knew they wouldnt accept a low payment but they do plans over six months in some cases but again i dont think at such a low rate so if u cant come to an agreement with them it will defo go to dca but stop worrying sunshine ul be able to offer what u can afford and get rid of them eventually .xxxxx:|

[quackquack]

and quick quid will not accept a pre paid card sorry they are deliberatly awkward xx:razz: