Help with several Payday Debts and advice needed.

[Maloni_1301]

Hiya,

 

Did 1month loan charge you £270x2 on top of what you

Owed them when you set up the plan? As they keep on

Saying that to me. That's more than what my original loan was for!?!

 

 

 

x2

Just to update you.

 

Regarding the payment plans ive managed to get the following to agree

 

txt loans

1month loan

peachy

 

so far lending stream and minicredit havent replied to numerous emails.

 

the rest havent replied to my first email

[sillygirl1]

Get their email to the OFT, they cannot charge more than the original loan, and it is against the guidelines in debt collecting to charge set up fees for arrangements, they are taking the proverbial.

[sillygirl1]

Maloni, please please report their joke of an 'offer' of the 2 x £270 to the OFT, if you do not you are wasting time posting on here - remember the OFT is doing an indepth investigation into the murky market that is payday loans and needs all the evidence it can get.

[renegadeimp]

Get their email to the OFT, they cannot charge more than the original loan, and it is against the guidelines in debt collecting to charge set up fees for arrangements, they are taking the proverbial.

 

I thought they were allowed to charge interest, just not above the clearing banks base rate. What you said about penalty fees though i completely agree with.

[Maloni_1301]

Thank you for your advise, I have sent through the details to the OFT and I have contact 1month informing them I have done this and will not be paying their standard interest and will only be paying off the original loan+interest at £585.

 

Thanks for your advice

[Maloni_1301]

Wow they replied today and agreed to freeze the interest and not to charge the crazy standard interest!!!

 

Success!! Thank you for your advice

[renegadeimp]

Well done. If you have it in writing just make sure you keep to your side of the agreement.

[sillygirl1]

There we go, once you let them know you are not a rollover (no pun intended) they then have to either accept your terms for repayment or be reported to the OFT.

 

Please make sure you stick to the arrangement as if it falls through it will not look good for you.

 

Don't forget to repay them from an account other than your main bank account, you don' want it accidentally raided.

[pb8111]

pounds to pocket now agrred to a repayment plan.....thats 10 PDL that have reasonably agreed to help me clear the amounts

 

just minicredit to go now

[renegadeimp]

Good luck with minicredit. You'll want to throttle them before you get one.

[pb8111]

Quick questions guys.

 

If i set up a repayment plan with a PDL but then need to change it due to my circumstances do they still have to accept it under OFT rules

 

thanks

pb8111

[renegadeimp]

They can take it under consideration and also your revised financial circumstance. OFT guidance says they must not escalate repayments to an amount that is out of your reach. So if your circumstances change so much that you need to lower the amount you give them each week/month, as long as you can provide proof of it, there shouldn't be an issue.

[pb8111]

just a quick update guys....slowly paying of all 10 PDLs each month and hopefullly ill be rid of these parasites in 12 months....never again will i get myself into this mess

[dazza72]

just a quick update guys....slowly paying of all 10 PDLs each month and hopefullly ill be rid of these parasites in 12 months....never again will i get myself into this mess

 

Fair play to you mate, Im just in the position of letting the PDLs know what repayment terms Im offering ... I'm standing firm!!!

[pb8111]

just remember to pay only what you can afford....do all correspondance by email...dont let them bully you...they tried and failed with me

[dazza72]

just remember to pay only what you can afford....do all correspondance by email...dont let them bully you...they tried and failed with me

 

Had a guy from PayDayUk like that yesterday. I quoted the protection from harassment act 1997 which seems to have calmed him down

[renegadeimp]

Had a guy from PayDayUk like that yesterday. I quoted the protection from harassment act 1997 which seems to have calmed him down

 

Im a fan of laughing at them. Or let them listen to some deathmetal while i go water the garden or fix the car. Or even go to work.

[princess901028]

Hi do you have bank details of Pounds to Pocket so I can start paying them back an amount I can afford in the meantime while I go through all the BS

 

Thankls

[PDLVictim]

Hi Princess901028,

 

There are no bank details for Pounds To Pocket, as they operate from USA.

 

You would need to

- set up a basic bank account (e.g. Easycash - Bank of Scotland) and transfer the payments you want to make to them into that bank account

- contact Pounds to Pocket by email and ask them to debit this bank account by direct debit for the amounts/dates you choose

[princess901028]

Ok thank you, I will do that. Thank you.

 

Trying to battle with Toothfairy too at the moment which is more of a headache than P2P at least you can get through to someone.

[pb8111]

can someone give me PDUK's bank account and sort code number please

[PDLVictim]

Hi pb811,

 

MonthEndMoney (MEM)

Sort code: 60-00-01

Account: 39524906

[pb8111]

thanks

[pb8111]

Hello again forum...hope everyone is winning the battle against PDLs

 

I have a question which I would appreciate answering.

 

I downloaded a copy of my noodle credit report ...which is currently 1/5 however when looking at my history all the PDLs that I ever had but were repaided ONTIME are showing as settled.....surely this should be listed as "paid on full" otherwise it reads like that I haven't met my contractual obligations? I have about 30 loans which were repaid on time

 

Any info would be appreciated thanks

[turkwyfe4lyfe]

There you go.... Having that many loans recorded on ur file is bad for you... looks like you are credit hungry,especially if they're close together.

Although Noddle is not always up to date and accurate with its information so on the next 30 day refresh it may have improved.

 

my husband is only got 3/5 but his is because he has no credit history except his mobile phone so that goes against you too... but yeah you should try with experian and see what might be on ur experian but not on noddle., x